HiJoJo Partners Inc. (“HiJoJo”) is pleased to announce that it has completed an additional investment in Nasdaq Private Market LLC (“NPM”), the leading private market platform for private company shares in the United States.
Through this additional investment, HiJoJo will further strengthen its strategic partnership with NPM, support the development of rapidly growing private markets globally, and accelerate the expansion of its business initiatives.
Strategic Rationale for Additional Investment
Since announcing a capital and business alliance with NPM in August 2024, HiJoJo has built a strong collaborative relationship with NPM and is currently the only financial institution headquartered in Japan and Asia to have invested in NPM.
This additional investment is intended to further deepen the existing partnership and reflects HiJoJo’s strong alignment with NPM’s vision of advancing the globalization of private equity and private markets.
Moreover, this initiative directly supports HiJoJo’s corporate purpose - “Unlocking Investment, Transforming Markets, Empowering Japan.” HiJoJo views this investment as a key strategic measure to drive mutual growth for both NPM and HiJoJo. Through close collaboration with NPM, HiJoJo aims to further strengthen connectivity between startups, institutional investor networks, and global capital markets, thereby accelerating its long-term business growth.
This investment also aligns with Japan’s national policy objective of becoming a “leading asset management nation” by contributing to the development of infrastructure for private market transactions. In addition, it supports the Japan Securities Dealers Association’s initiatives to expand secondary market liquidity, including its target of growing private market transaction volume to JPY 180 billion by fiscal year 2027.
Reference:
Nasdaq Private Market Closes Series C Round, Marking 4x Valuation Step-up Since 2024(Announced on January 16, 2026)
Overview of the Capital and Business Alliance
(Announced on August 5, 2024)
Comments from Tom Callahan, CEO of Nasdaq Private Market:
“We are grateful for HiJoJo Partners’ continued support of Nasdaq Private Market. Their most recent investment, through participation in our Series C, reinforces their commitment to building a more efficient and accessible private market for startups, other disruptive private companies, institutional investors, and shareholders in Japan and across Asia Pacific. We value their partnership and are excited for what we will accomplish together in the years ahead.”
Comments from Spyridon Mentzas, Co-CEO of HiJoJo Partners:
“We are pleased to make an additional investment in Nasdaq Private Market and further deepen our strategic partnership. NPM has built a category-leading platform and track record in private-company liquidity, and we believe its mission to make private markets more efficient and accessible is increasingly important globally.
Building on our collaboration to date, we look forward to accelerating connectivity between Japanese investors, innovative private companies, and global capital markets—supporting the growth of Japan’s private markets and advancing HiJoJo’s purpose: 'Unlocking Investment, Transforming Markets, Empowering Japan.'”
Overview of NPM
Nasdaq Private Market provides liquidity, investment, wealth and data solutions for private companies, employees, and investors throughout each stage of the pre-IPO lifecycle. Since inception over a decade ago, NPM has executed nearly $70 billion in transactional volume for 200,000+ individual eligible employee shareholders and investors across 900+ company-sponsored liquidity programs. Founded within Nasdaq, Inc. in 2013, today NPM is an independent company with strategic investments from Nasdaq, Allen & Company, Bank of America, BNP Paribas, Cerity Partners, Citi, DRW Venture Capital, Goldman Sachs, HiJoJo Partners, Morgan Stanley, Optiver, UBS, and Wells Fargo.
Learn more at www.nasdaqprivatemarket.com. Visit LinkedIn and X for the latest company news.
Overview of HJJ
HJJ is a Japanese independent asset management firm founded in 2017 by Spyridon Mentzas. It is one of the largest VC funds investing in U.S. unicorn companies, selling to Japanese investors through face-to-face and online channels. As of the end of December 2025, HJJ has achieved cumulative sales exceeding ¥48 billion. Shareholders include major Japanese financial institutions such as Credit Saison, Mizuho Securities, SBI Group, Finatext Holdings, MUFG Innovation Partners, Okasan Securities Group, Japan Investment Adviser and Monex Group.
Learn more at http://www.hijojo-partners.com/en.
Company Name： HiJoJo Partners Inc.
Registration Number： Director of Kanto Local Finance Bureau No. 3065
Registered Operations： Type II Financial Instruments Business, Investment Management Business, Investment Advisory and Agency Business
Membership Associations：Type II Financial Instruments Firms Association, Japan Investment Advisers Association
Contact for Inquiries: HiJoJo Partners Inc., Business Development Department
Yoichi Morimoto (morimoto@hijojo.com)
Contact for Inquiries: HiJoJo Partners Inc., Corporate Planning Department
Mika Tsukamoto (tsukamoto@hijojo.com)