Forge Global Holdings, Inc. (FRGE)
- Bloomberg
Destiny CEO Calls Private-Tech Fund’s Meme-Like Surge a ‘Discovery Process’
(Bloomberg) -- Meme-stock euphoria turned a closed-end fund into a billion-dollar behemoth this week, untethering it from the stated valuations of its privately held holdings. Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesVietnam Tycoon Lan Sentenced to Death Over $12 Billion FraudApple Plans to Overhaul Entire Mac Line With AI-Focused M4 ChipsUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsRussian Attacks on Ukraine Stoke Fears Army Near Break
- Bloomberg
Index Fund for Private Firms Makes Backing Unicorns Easier
(Bloomberg) -- Qualified investors looking to tap the growth of privately-held companies now have a way to simplify the dilemma of which unicorns to back. There’s an index fund for that.Most Read from BloombergA Million Simulations, One Verdict for US Economy: Debt Danger AheadTrump Media’s Business Doesn’t MatterTrump Got His $175 Million Bond From a Billionaire Fan’s CompanyTesla’s Sales Miss by the Most Ever in Brutal Blow for EVsTSMC Halts Some Chipmaking as Taiwan Gauges Quake FalloutForge
- Business Wire
Forge Global’s Private Market Index to be Tracked by Accuidity Strategy, Offering Diversified Exposure to Late-Stage Companies
SAN FRANCISCO, April 02, 2024--Forge Global Holdings, Inc. ("Forge") (NYSE: FRGE), a leading provider of marketplace infrastructure, data services and technology solutions for private market participants, today announced that the Forge Accuidity Private Market Index – which tracks the performance of late-stage, venture-backed companies - has been adopted by Accuidity within their Megacorn strategy ("Accuidity"). Accuidity is a Boston-based institutional asset manager that is seeking to replicate
