Press release
Silicon Valley Bank Partners with Forge to Provide Private Market Liquidity to Innovation Economy Clients through Forge Platform
SVB clients will now have preferred access to Forge's services and solutions tailored for private market liquidity management SAN FRANCISCO, July 31, 2025
About this update from First Citizens Bancshares, Inc.
[{"type":"text","content":"SVB clients will now have preferred access to Forge's services and solutions tailored for private market liquidity management\nSAN FRANCISCO, July 31, 2025 /PRNewswire/ -- Silicon Valley Bank (SVB), a division of First Citizens Bank serving companies throughout the innovation economy, announced today it has entered into a partnership with Forge Securities LLC, a wholly owned subsidiary of Forge Global Holdings, Inc. (\"Forge,\") (NYSE: FRGE). Forge is a leading provider of marketplace infrastructure, data services, technology, and investment solutions for the private market. The new referral partnership will provide Silicon Valley Bank clients with Forge's private liquidity solutions to manage their cap table, diversify their investor bases and help retain employees.\n\n \n \n \n \n \n \n\n \n\"As we continue to see companies staying private longer, the need for secondary market liquidity has become a key need for our client base,\" said Marc Cadieux, President of Silicon Valley Bank. \"By introducing private companies to Forge's platform, we're creating more opportunities for our clients to access the capital they need to scale with confidence and offer their valued employees liquidity options.\"\nBenefits of the Silicon Valley Bank and Forge partnership for companies and shareholders, include:\nIssuer-led structured liquidity events, including tender offers and secondary salesControlled shareholder transactions for employees, founders, or early investorsAccess to 19K+institutional investors looking to invest in private companiesPrivate market transactions via a trusted platform\"Demand for trusted, flexible liquidity solutions is growing—and this partnership is a powerful response to that demand,\" said Eric Thomassian, Executive Vice President of Private Company Relations at Forge. \"Forge is proud to work with Silicon Valley Bank to offer their clients tailored capital solutions that support long-term company growth while meeting the liquidity needs of employees, investors, and founders. Together, we're unlocking new pathways to value creation in the private market.\"\nForge offers a trusted trading platform and proprietary data and insights to inform investment strategies, along with custody services to help companies, shareholders, institutions and accredited investors navigate and transact in the private market. The partn...