Overview of Transaction

• On July 25, 2018, Forge (formerly known as Equidate) announced it has raised $70 million in a Series B financing round led by Panorama Point Partners and Operative Capital
• Munich RE Ventures and BNP Paribas also participated in the round
• Forge's existing investors include Peter Thiel, Tim Draper and Scott Banister
• Founded in 2014, Forge is the leading stock market for private companies
• The Company's global electronic trading platform connects individual and institutional investors with sellers like venture capitalists and shareholder employees, as well as some of the largest and most prominent private companies themselves

Significance of Transaction

• Responding to the current trend of growth companies staying private much longer, Forge sees traditional institutional investors becoming significantly more active in the pre-IPO economy
• Forge's technology-centric approach is the key to unlocking the market's true potential
• Forge believes its run-rate of $1 billion of trade volume this year squarely places the company as both the market leader and the fastest growing player

FT Partners' Role

• FT Partners served as exclusive strategic and financial advisor to Forge
• This transaction underscores FT Partners' domain expertise and its successful track record generating highly favorable outcomes for high growth FinTech companies globally