PEINVEST
Markets Directory
Private Equity Platforms
Compare 23+ platforms for pre-IPO investing, LP secondary transactions, and private equity fund access. Ranked by our editorial team.
CategoryMin
Showing 23 of 23 platforms — ranked by editorial rating
Frequently Asked Questions
What is a private equity platform?
A private equity platform is an online marketplace that connects accredited investors with opportunities to invest in private companies, pre-IPO shares, LP secondary interests, or private equity funds. These platforms provide access to investments previously available only to institutional investors and ultra-high-net-worth individuals.
How do I choose the right platform for my investments?
Consider factors like minimum investment requirements, available securities, fee structure, platform reputation, and your investment strategy. Pre-IPO focused investors may prefer Forge Global or EquityZen, while those interested in LP secondary transactions might look at Palico or Moonfare.
What are the typical fees on private equity platforms?
Fees vary by platform and transaction type. Common fees include transaction fees (1-5%), management fees (0.5-2% annually), and carry/performance fees (10-20% of profits). Some platforms charge buyers, some charge sellers, and some charge both parties.
Can non-accredited investors use these platforms?
Most private equity platforms require accredited investor status due to SEC regulations. However, some platforms offer limited opportunities for non-accredited investors through Regulation A+ offerings or crowdfunding exemptions. Always verify requirements with each platform.
How long does it take to complete a transaction?
Transaction timelines vary significantly. Some platforms offer instant settlement, while others may take 30-90 days due to company approval requirements, ROFR (Right of First Refusal) processes, and legal documentation. Pre-IPO share transactions typically take longer than fund investments.
Choosing a Private Equity Platform
The private equity platform ecosystem has evolved dramatically over the past decade, transforming how accredited investors access alternative investments. From pre-IPO share marketplaces like Forge Global and EquityZen to LP secondary platforms like Palico and Moonfare, investors now have unprecedented access to private market opportunities.
Each platform category serves distinct investment needs. Pre-IPO platforms enable direct investment in late-stage private companies before their public offerings. LP secondary marketplaces facilitate the buying and selling of existing fund interests. Fund access platforms provide exposure to institutional-quality private equity and venture capital funds with lower minimums than traditional channels.
When evaluating platforms, consider factors beyond minimum investments and fees. Platform reputation, regulatory compliance, transaction volume, and the quality of available opportunities all impact your investment experience. Many successful private market investors use multiple platforms to access different types of opportunities and achieve better pricing through competition.
The platforms listed in our directory have been reviewed for legitimacy, regulatory compliance, and operational track record. However, all private market investments carry significant risks including illiquidity and potential total loss. Always conduct thorough due diligence on both the platform and the underlying investments before committing capital.
Not Sure Where to Start?
Check out our top lists and guides to find the best platform for your investment strategy.