Forge insights

Performance in the private market reversed course in August. The Forge Private Market Index (FPMI), which reflects private company constituents, declined 0.64%, while the Forge Accuidity Private Market Index (FAPMI), whose universe includes public post-IPO exposure, rose 5.09%. Public market comparables also advanced, with SPY up 2.68% and QQQ up 4.18%. U.S. indexes finished August higher as software and technology shares recovered from July pressure. Within FAPMI, SpaceX (+32.59%) helped turn July's post-IPO drag into August support.