A prominent private securities marketplace, Forge Global Holdings confirmed today that the company has formed a strategic partnership with Deutsche Börse to expand the global private market platform in the growing European region.
According to the details provided by the company, Forge Europe will build a digital marketplace for companies and investors based in Europe. Forge Global Holdings noted that Forge Europe will be launched by the middle of next year. The company added that it will initially be launched in Germany, France and the United Kingdom.
Forge Europe will be headquartered in Berlin. The company is planning to leverage Deutsche Börse’s deep understanding of regional markets to facilitate its European expansion strategy.
“The growing interest in private market investing and the growing need for liquidity by private growth companies transcends geographic borders,” said Kelly Rodriques, the CEO of Forge. “As Europe’s population of high-growth technology companies continues to grow rapidly, creating an efficient and trusted private marketplace that can meet the needs of those companies and investors across a complex regulatory landscape is a challenge Forge is uniquely positioned to solve.”
European Market
Despite a challenging global economic environment, the private market in Europe has shown significant growth in the past few years. According to Forge, it has successfully transformed the private market ecosystem in the US.
“Investing in private markets has grown significantly in Europe over the last decade, with record investments in growth companies last year. Forge impresses with its renowned private market expertise. Deutsche Börse stands out for its ability to operate a scalable and reliable market infrastructure and has established an extensive capital markets ecosystem. Together, we will be a first mover in Europe to build up a trusted, efficient and technology-driven global private market platform. This is how we will address the liquidity needs of growth companies and venture investors,” said Eric Leupold, the Managing Director of Deutsche Börse’s Cash Market Business.
