Momentum

It’s still really early in the year, but momentum in the private markets seem to be picking up. Anecdotally, I’ve noticed a large uptick of buyers in the secondary markets. Presumably investors are looking to capitalize on the projected IPO window opening up in 2025.

It’s been a slow market the last 6 months of 2024 and volumes were trending downwards. January was slow as always every year as we everyone eases back into work from the holidays.

As we sit here in February, we’re finally seeing some positive momentum finally. It’s early and things can change quickly, but it gives me a lot of hope and optimism for the year ahead.