Tap operates in the private markets sector, providing comprehensive secondary market solutions to a diverse range of clients including limited partners, general partners, secondary funds, wealth managers, private capital advisors, and law firms. The company offers a platform that facilitates the valuation and transaction of private funds, enabling clients to manage their portfolios with real-time data and liquidity options. Tap's business model revolves around acting as a trusted advisor and technology partner, helping clients navigate the complexities of private markets through services like turnkey tender offers, structured sales, NAV lending, and continuation vehicles. The company generates revenue by offering these specialized services and leveraging its technology platform to streamline transactions and provide actionable insights.

Keywords: secondary market, private funds, real-time valuations, liquidity options, portfolio management, NAV lending, structured sales, tender offers, private capital, transaction infrastructure.