Secondary Liquidity for Alternative Funds
-
- We are building the global alternative investment fund community – with greater efficiency and transparency.
- We operate a global private marketplace focused on providing liquidity and data to qualified investors.
- We have executed over 1,850 distinct secondary and new issue private equity related transactions.
- We intend to be the leading smart phone centric marketplace for accessing liquidity, data and media in alternative funds.
- Our clients include alternative funds (ie buyout, venture), financial firms, institutions and private clients.
- Since 2004, the NYPPEX QMS has been formerly recognized by the U.S. Internal Revenue Service under IRS 1.7704 as a Qualified Matching Service.
- Our QMS helps partnerships avoid adverse tax consequences when permitting secondary interest transfers.
- We are building the global alternative investment fund community – with greater efficiency and transparency.
- We operate a global private marketplace focused on providing liquidity and data to qualified investors.
- We have executed over 1,850 distinct secondary and new issue private equity related transactions.
- We intend to be the leading smart phone centric marketplace for accessing liquidity, data and media in alternative funds.
- Our clients include alternative funds (ie buyout, venture), financial firms, institutions and private clients.
- Since 2004, the NYPPEX QMS has been formerly recognized by the U.S. Internal Revenue Service under IRS 1.7704 as a Qualified Matching Service.
- Our QMS helps partnerships avoid adverse tax consequences when permitting secondary interest transfers.
Private Equity News Worldwide
United States
-
Wyoming's ERAP Lags Behind in Finding Housing for...
Wyoming's ERAP Lags Behind in Finding Housing for Homeless […]
-
Saudi Arabia's Blunt Message to Biden: Drop Dead!...
Saudi Arabia's Blunt Message to Biden: Drop Dead! International […]
Europe
-
Inovexus gears up for seed investments in AI,...
Inovexus, a Paris-based venture capital (VC) […]
-
Non-Thermal Pasteurization Market Size, Scope And...
Non-Thermal Pasteurization Market Size, Scope And Forecast | […]
-
Inside CVC's billionaire factory | Business | The...
Inside CVC's billionaire factory | Business | The Sunday Times The […]
Asia
-
Non-Thermal Pasteurization Market Size, Scope And...
Non-Thermal Pasteurization Market Size, Scope And Forecast | […]
-
Canada’s Cdpq Eyes Infra, Energy Transition...
Canada’s Cdpq Eyes Infra, Energy Transition Opportunities In India […]
Europe
-
Inovexus gears up for seed investments in AI,...
Inovexus, a Paris-based venture capital (VC) […]
-
Non-Thermal Pasteurization Market Size, Scope And...
Non-Thermal Pasteurization Market Size, Scope And Forecast | […]
-
Inside CVC's billionaire factory | Business | The...
Inside CVC's billionaire factory | Business | The Sunday […]
Asia
-
Non-Thermal Pasteurization Market Size, Scope And...
Non-Thermal Pasteurization Market Size, Scope And Forecast | […]
-
Canada’s Cdpq Eyes Infra, Energy Transition...
Canada’s Cdpq Eyes Infra, Energy Transition Opportunities In […]
Secondary Private Equity Trends Commentary
Secondary Price Data and Portfolio Analytics
September 13, 2021
- Eight principles for qualified investors to better achieve their objectives when divesting private equity funds worldwide.
- Seeks to provide a better understanding of the secondary private equity markets worldwide and help qualified investors avoid pitfalls.
Reports
April 21, 2020

NYPPEX 2019 Midyear - Report
Qualified investors may request the confidential NYPPEX 2019 Midyear Secondary Private Equity Market Commentary.
To request, please click here.
September 20, 2021
NYPPEX is one of the world’s leading providers of secondary market liquidity for alternative funds and private companies.
Webinars

NYPPEX 2019 Midyear - Webinar
Date: 11am ET, Thursday, August 1
Topics: Secondary Transaction Volumes, Prices,GP-leds,Deal Structures & more for LP Interests and Directs
Guest Speakers: Tre Muldrew, Partner, Akin Gump Raj Marphatia, Partner, Ropes & Gray Min Lin, Partner, NewQuest Capital Partners Michael Bego, Managing Partner, Kline Hill Partners Amir Malayery, Principal, Industry Ventures
Eligible Attendees: LPs, GPs, Private Company Employees & Shareholders
To view speaker highlights, please click here.
- Private Equity Fund - Vintage Ratings
- Unicorn Private Company - Exit Watch
NYPPEX VINTAGE RATINGS
SCALE :100 BEST 75 WORST
To learn more, please contact us online or:
NYPPEX QMS Marketplace
NYPPEX operates a leading Qualified Matching Service Marketplace offering…
…a wide range of private equity products for risk management”
19
Private Equity Fund Strategies
12
Private Company Industries
26
Countries
22
Currencies
Liquidity In All Transaction Sizes
NYPPEX operates a leading Qualified Matching Service Marketplace offering…
…a wide range of private equity products for risk management
Private Wealth
< $5 million
Mid-Institutional
$6-25 million
Institutional
$26-100 million
Mega Institutional
$100+ million
* Typical private equity transaction size
Independent Pricing For GAAP/IFRS Audits
NYPPEX has developed extensive secondary price data…
…on over 9,500 private equity funds in 110 countries









A Market Leader in the News
NYPPEX has an extensive database…
…on over 9,500 private equity funds and 4,500 private companies in 110 countries
Request Bid
Request Bid Indication from NYPPEX
Commentary
Apr 20, 2022
- Increased deleveraging by highly levered funds to adjust for lowered returns
- Widened bid-offer price spreads noted in Q1 for secondary private equity funds, depending on how leveraged funds were
Apr 6, 2022
- Increase in “Walkaway Defaults” in commercial real estate held by funds
- Thoughts on highly levered funds’ returns in an increasing interest rate environment
Mar 23, 2022
- Thoughts on new proposed SEC rules regarding GP-Led Secondary Transactions
- Recommendations regarding the SEC’s proposed rule on Fiduciary and Conflicts Responsibilities for Private Funds
Feb 3, 2022
- Thoughts on how volatility & valuation multiples will create investment opportunities
- Increased investment volumes & activity in secondary markets
- How corporations & international markets will respond to tightening credit conditions
March 01, 2021

NYPPEX believes that 2020 served as an excellent stress test year for evaluating the relative performance of fund strategies in North America, Europe and Asia.
Oct 01, 2020

In the institutional LP channel, secondary bid indications were approximately 75.25 (% of NAV) or 15% lower compared to 86.25 as of December 31, 2019 for $10-25 million transaction sizes of interests in private equity funds.
June 29, 2020

In June 2020, we see improving secondary market demand for interests in a variety of private equity funds, including energy funds.
May 26, 2020

We believe this is a good time to evaluate risk exposure to the retail industry
May 15, 2020

NYPPEX Holdings, LLC, a leading broker and data provider for secondary interests in private equity funds,shares in private companies and their derivative instruments,announced 2019 revenue increased approximately 77% as compared to 2018.
May 7, 2020

NYPPEX estimates March 31, 2020 net asset values for private equity funds worldwide will be -16% to -24% lower on average compared to December 31, 2019.
May 6, 2020

Recently, J Crew (TPG Capital, Leonard Green) and Longview Power (KKR, Centerbridge)filed bankruptcy.
April 21, 2020

NYPPEX projects a slowdown in private equity exits in 2020 caused by the coronavirus pandemic, which will lead to a higher volume of secondary interest transactions in private equity partnerships.
April 20, 2020

NYPPEX estimates bids are 19% lower in the 2Q2020 on average thus far vs. the 4Q2019 for secondary interests in private equity funds.
April 20, 2020

NYPPEX expects private equity funds to increase investment activity and capital calls as valuations have become more favorable in the 2nd quarter of 2020.
March 3, 2020

For 2020, NYPPEX estimates this trend will continue as secondary investors seek opportunities particularly in secondary, real estate and buyout funds aged 2 to 4 years.
February 25, 2020
In 2019, venture-backed IPO performance was mixed as more deals demonstrated that private market valuations exceeded the public markets.
February 17, 2020
NYPPEX believes strong secondary buyer demand will continue in 2020 for newer private equity funds as well as feeder funds, as more secondary investors heavily discount “end of life” portfolio investment opportunities.
February 17, 2020
For 2020, NYPPEX estimates this trend will continue as secondary investors seek opportunities particularly in secondary, real estate and buyout funds aged 2 to 4 years.
February 24, 2020
For 2020, NYPPEX estimates this trend will continue as secondary investors seek opportunities particularly in secondary, real estate and buyout funds aged 2 to 4 years.
February 25, 2020
For 2020, NYPPEX estimates that single asset restructurings will increase 80% as more general partners seek accretive capital for existing private equity assets.
April 21, 2020
For 2020, NYPPEX estimates that private sales of restricted stock will increase in venture-backed public and private companies, as shareholders elect to not wait for an IPO or risk after-market performance before lock-ups expire.
In the Media
NYPPEX CEO and Bloomberg’s Mark Crumpton discuss private equity market conditions.