Patent ID: 7925567

Claim:
A method for creating a secondary market for private equity, comprising: receiving registration information for accredited investors; collecting investor-specific investment profile information from said accredited investors, wherein the information specifies types of securities preferences in which the said accredited investors are interested; prescreening securities based on private equity to ensure that the securities meet at least one predetermined criteria, wherein the at least one predetermined criteria comprises that the securities are securities selected from the group consisting of venture-backed securities, private-equity-backed securities, and limited partnership interests; registering in a computer database the securities based on private equity as well as derivative structures of the securities based on private equity; a computer making a determination that at least one of (i) at least one security matching the investor-specific investment profile of at least one of the accredited investors is available for auction and (ii) at least one derivative structure matching the investor-specific investment profile of at least one of the accredited investors is available for auction; transmitting electronically notice to the at least one of the accredited investors that at least one of (i) the at least one security matching the investor-specific investment profile of the at least one of the accredited investors is being auctioned and (ii) the at least one derivative structure matching the investor-specific investment profile of the at least one of the accredited investors is being auctioned; and auctioning at least one of the at least one security and the at least one derivative structure to the accredited investors over an electronic network.