Forge Global Holdings, Inc. announced an expansion of its index business with the upcoming launch of a first-of-its-kind investable index tracking the performance of late-stage, venture-backed companies in partnership with Accuidity, LLC. Accuidity is a Boston-based institutional asset manager that will seek to replicate the newly created Forge index in early 2024. The new Forge index and Accuidity strategy embody two industry-shaping trends: private venture-backed companies are staying private longer, and investors are increasingly looking to private markets for sources of return and diversification.

The arrival of an investable index offers an efficient and cost-effective way to access this asset class with one product, backed by Forge's extensive private market expertise and robust data platform, as well as Accuidity's deep institutional asset management experience.