The "private market" refers to a sector of the finance world where transactions for securities and other assets happen privately between individuals or entities, not through public exchanges and outside regulatory oversight.
Covering various investment options like private equity, venture capital, real estate, hedge funds, and private debt, this market attracts accredited investors who can afford and understand non-public assets. It's less transparent and liquid than the public market, with assets often having longer lock-up periods and higher minimum investment sizes, making it less accessible to retail investors.
Despite the risks and complexity due to limited public information and oversight, the private market can offer higher returns, opportunities to invest in early-stage companies, and access to specialized sectors. Essentially, it provides an alternative, more exclusive investment pathway beyond publicly traded securities, for accredited, qualified, or institutional investors.