FactSet, a leading global intelligence and AI solutions provider to financial markets, has entered into partnership with Nasdaq Private Market, a leading provider of liquidity, capital and investment solutions for private companies and investors, to integrate Capitalization Table data into its platform. Intelligence sourced from NPM is expected to support more informed due diligence, valuation analysis, and deal sourcing.
Partnership comes at particularly relevant moment. While private markets have grown significantly over past decade, transparency, reporting standards, and data-sharing practices have struggled to keep pace. As investment professionals across all firm types are allocating more capital to private assets, need for accurate, structured private markets data has grown sharply.
FactSet's collaboration with NPM directly addresses this need. Integrated solution will give investment professionals deeper insight into private company ownership structures and how financing transactions, such as new funding rounds, secondary sales, and dilutive events, affect ownership stakes and capital structure over time.
Critically, Cap Table data sourced through NPM is supported by verifiable, auditable documentation and filings, rather than relying solely on modelled ownership estimates. This will provide financial and advisory firms with higher degree of confidence in data underpinning investment and dealmaking workflows.
The NPM data also complements private-company, funding, deal, and M&A data FactSet already provides. This enables clients to develop more complete and connected view of private-market activity, spanning company's early funding history through to current ownership and capital structure.
As active secondary trading venue and private company share settlement engine, Nasdaq Private Market operates differently, working directly with legal documentation that underpins private company ownership. Unique access to high-quality source data forms basis of partnership.
About FactSet
FactSet supercharges financial intelligence, offering enterprise data and information solutions that help clients maximize potential. Cutting-edge digital platform seamlessly integrates proprietary financial data, client datasets, third-party sources, and flexible technology to deliver tailored solutions across buyside, sell side, wealth management, private equity, and corporate sectors. With over 48 years of expertise, presence in 20 countries, and extensive multi-asset class coverage, we leverage advanced data connectivity alongside AI and next-generation tools. Serving more than 9,200 global clients and over 260,000 individual users, FactSet is member of S&P 500.
About Nasdaq Private Market
Nasdaq Private Market is leading provider of liquidity, capital, and investment solutions for private companies, employees, and investors. Company is focused on building modern infrastructure for private market ecosystem, including technology for company-sponsored liquidity events, settlement engine for private shares, marketplace for buying and selling private company stock and funds, and data and intelligence on private market.