Fri, Mar 29, 2024
A A A
Welcome Guest
Free Trial RSS pod
Get FREE trial access to our award winning publications
Alternative Market Briefing

PJT Partners, Nasdaq join forces to strengthen secondary investment advisory services for alternative asset managers

Wednesday, September 25, 2019

Laxman Pai, Opalesque Asia:

The global advisory-focused investment bank PJT Partners and stock exchange operator Nasdaq Inc said they had agreed on a partnership to provide data and technology to strengthen its secondary investment advisory services for alternative asset managers.

Their agreement will provide more transparency for alternative asset managers doing deals in the rapidly growing secondaries market.

This agreement combines the capabilities of two trusted brands: PJT Park Hill's best-in-class Secondary Advisory business and NPM's market-leading technology platform. PJT Partners will utilize NPM's technology platform to offer clients and their investors a differentiated experience when executing secondary transactions.

As interest in secondary transactions continues to grow and evolve at a rapid pace, the PJT Partners-NPM offering will bring greater standardization and efficiency to the secondary market and appeal to an even broader universe of general partners (GPs), limited partners (LPs) and secondary investors.

Paul J. Taubman, Chairman and Chief Executive Officer of PJT Partners, said, "We are delighted to partner with Nasdaq Private Market. Combining its extraordinary technology-driven capabilities with our leading advisory practice will enhance our clients' execution of GP-led secondary transactions."

Adena Friedman, President and Chief Executive Officer of Nasdaq, said, "This partnership is an exciting next step for Nasdaq in our focu......................

To view our full article Click here

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. KKR raises $6.4bn for the largest pan-Asia infrastructure fund[more]

    Laxman Pai, Opalesque Asia: The New York-based global investment firm KKR has raised a record $6.4bn for its second Asia-focused infrastructure fund, underlining investors' continued appetite for private markets. According to a media release from the alternative assets manager, the figure top

  2. Bucking the trend, top hedge fund makes plans for a second SPAC[more]

    From Institutional Investor: SPACs aren't dead. At least not to the folks at Cormorant Asset Management. The life sciences firm, whose hedge fund topped its peers in 2023, is confident it will match the success of its first blank-check company. Last week, the life sciences and biopharma speciali

  3. Benefit Street Partners closes fifth fund on $4.7 billion[more]

    Bailey McCann, Opalesque New York: Benefit Street Partners has closed its fifth flagship direct lending vehicle, BSP Debt Fund V, with $4.7 billion of investable capital across the strategy. Benefit Street invests primarily in privately originated, floating rate, senior secured loans. The fun

  4. 4 hedge fund themes that are working in 2024[more]

    From The Street: A poor earnings report from Tesla (TSLA) has not hurt the indexes on Thursday. The decline in Tesla stock, which is losing its position in the Magnificent Seven pantheon, is more than offset by strong earnings from IBM (IBM) and ServiceNow (NOW) . In addition, the much higher-t

  5. Opalesque Exclusive: A global macro fund eyes opportunities in bonds[more]

    Bailey McCann, Opalesque New York for New Managers: Munich-based ThirdYear Capital rebounded in 2023, following a tough year for global macro. The firm's flagship ART Global Macro strategy finished the year up 1