MeltX operates an online platform that connects institutional sellers of illiquid fund holdings with qualified secondary market buyers through quarterly digital auctions. The service offers free listing for sellers and free access for buyers, using automated bidding and end‑to‑end workflow tools to streamline legal, operational, and compliance steps, delivering a more transparent and efficient secondary market transaction process.
Funding
Funding not disclosed
Founders
Product
Problem
Institutional investors such as pension funds and insurers often hold illiquid private‑market fund positions that are difficult to sell quickly and at a transparent, fair price. Traditional secondary market processes are fragmented, involve lengthy negotiations, and require extensive legal and operational coordination.
Solution
MeltX operates an online platform that brings together buyers and sellers of secondary fund assets through quarterly auctions. The platform provides a single, digital marketplace where sellers can list holdings at no cost and buyers gain free access to vetted opportunities. Integrated technology automates the bidding workflow, matches counterparties, and streamlines the legal and operational steps needed to close transactions, delivering a more transparent and efficient secondary market experience.
Target Audience
Primary users are institutional investors (pension fund trustees, insurers) looking to sell illiquid fund holdings, and qualified buyers such as asset managers and alternative‑investment funds seeking secondary market opportunities, with advisers acting as facilitators.
Features
- Quarterly online auctions that aggregate secondary fund listings from pension funds, insurers and other institutional sellers
- Free listing for sellers and free access for buyers, reducing entry barriers and broadening the pool of participants
- Automated bidding interface that captures bids in real time and matches buyers with sellers based on predefined criteria
- End‑to‑end workflow tools that digitise deal documentation, compliance checks and settlement processes
- Centralised data repository that provides buyers with standardized information on each asset to support investment decisions
- Advisory‑friendly design that enables advisers to add value on both the buy‑side and sell‑side of transactions