We are pleased to invite you to watch the on-demand recording of our recent webinar: “Secondaries Explained: Retail vs Institutional Access in Private Markets”[cite: 1]. Hosted by Emily, Head of Partnerships and Marketing at Republic Europe, this session features Theo, Investment Director at Republic Europe, alongside Phil Minardo, Head of Private Assets and Secondary Markets at Senna Hill[cite: 1].
Session Overview
As high-growth scale-ups stay private longer, often stretching well beyond 7 to 8 years before considering an IPO, secondary liquidity has shifted from an alternative option to a market necessity[cite: 1]. This panel explores how secondary transactions operate across institutional and retail channels, detailing how nominee structures, rigorous due diligence, and emerging technologies are opening pre-IPO access to a broader investor base[cite: 1].
Key Topics Covered
- Market Growth Drivers: Examine how extended private growth horizons are prompting early backers, employees, and founders to seek pre-exit liquidity[cite: 1].
- Institutional vs. Retail Access: Understand the core differences in transaction structures, ranging from multi-million dollar institutional checks requiring dedicated legal teams to accessible retail investments starting from £20[cite: 1].
- Due Diligence & Verification: Identify crucial checks required for secondary deals, including proof of share ownership, clear valuation metrics, and vetting sellers via KYC and OFAC compliance[cite: 1].
- Red Flags & Fee Transparency: Learn how to evaluate opaque structures, transfer restrictions, and fee layers such as management fees, carry, and administrative costs[cite: 1].
- Cap Table Management: Discover how nominee models and SPVs allow thousands of retail investors to participate without breaching cap table reporting thresholds[cite: 1].
- The Impact of Tokenization: Explore how digitizing share certificates and smart contracts streamlines paper-heavy processes into efficient secondary transactions[cite: 1].
Watch On-Demand
Access the complete session to gain actionable insights into navigating private secondary liquidity and expanding pre-IPO portfolio exposure: Watch the webinar recording[cite: 1].