learning

Private markets at last
understandable.

Whether it's a blog, podcast, webinar, video or glossary — here you'll find the format that's right for you.

Digital learning setup including an open laptop showing a play button, a microphone, stacked books, an hourglass with headphones, and an open notebook with handwritten notes.

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Buying Anthropic stock: IPO and pre-IPO access
blog
private equity
Venture Capital
In general
6/16/2026
16 June 2026

Buying Anthropic stock: What investors need to know about the IPO and how you can participate in the AI market today

Anthropic is not yet publicly traded. Here is the current status of the IPO, the valuation, and how you can participate in the AI market even before an IPO.

Buy OpenAI stock: Investing before the IPO
blog
private equity
Venture Capital
In general
6/12/2026
12 June 2026

Buying OpenAI stock: What investors can expect from the IPO and how to invest today

OpenAI is not yet publicly traded. Here is the current status of the IPO, the valuation, and how you can invest indirectly before the IPO.

SpaceX Stock: Buy in 2026? Here's How to Invest Before the IPO via NAO
blog
private equity
6/12/2026
12 June 2026

Buying SpaceX stock: Everything you need to know about the IPO and what investors should know now

SpaceX stock is not yet publicly traded. However, through NAO, you can invest in the ARK Private Innovation ELTIF, which is already invested in SpaceX.

blog
In general
12/11/2023
11 December 2023

Comparing crowdfunding and direct investments

How does crowdfunding differ from direct investment? NAO draws the comparison

blog
Private Markets
In general
1/23/2023
23 January 2023

Different types of asset classes

Anyone who wants to invest money is faced with the question of which asset classes are best suited for them - whether stocks, ETFs, bonds, commodities or more

ELTIF 2.0: Die wichtigsten Änderungen für Anleger 2026
blog
In general
Private Markets
private equity
Venture Capital
Private Debt
6/17/2026
17 June 2026

ELTIF 2.0: These changes are important for investors

The new ELTIF 2.0 regulation brings these changes | NAO clarifies

ELTIF: What it is and how to invest (2026)
blog
private equity
In general
Private Markets
Private Debt
Venture Capital
6/18/2026
18 June 2026

ELTIF: How to invest in private markets with the EU fund structure

What is an ELTIF? How the EU fund structure has opened up private markets from as little as 1 euro since ELTIF 2.0, how it differs from an ETF, and what you need to look out for.

Emerging Markets Funds
blog
hedge funds
7/21/2026
21 July 2026

Emerging markets funds: ETF or actively managed?

Emerging markets ETF or active fund? Learn when active management can make sense and how Active Extension works.

blog
Equity bonds
6/19/2023
19 June 2023

Expanding Your Investment Portfolio with Equity Bonds

The equity bond is an exciting financial instrument and neither share nor bond — but a good way to develop your portfolio

blog
In general
1/12/2023
12 January 2023

Family Office presentation

A family office helps wealthy families or groups manage and organize their finances, assets, and businesses

Hedge Funds for Private Investors
blog
hedge funds
7/21/2026
21 July 2026

Hedge funds for retail investors: What is actually possible

Hedge funds are heavily restricted for private investors in Germany. Here is what is actually possible and which regulated alternatives exist.

blog
hedge funds
4/24/2024
24 April 2024

Hedge funds simply explained: This is how the asset class works

In the past, only extremely wealthy investors were able to invest in hedge funds. Providers like NAO democratize this asset class for you

blog
private equity
8/15/2023
15 August 2023

How does the secondary private equity market work?

How does the secondary private equity market work? What are its advantages and disadvantages? Learn more about the secondary market in private equity with NAO

blog
In general
9/8/2023
08 September 2023

How do fractional shares work?

Fractional shares are shares of full shares that can be traded like shares. In this article, NAO explains what's behind it

Wie Evergreen-Fonds funktionieren – und warum sie besser zu Dir passen
In general
Private Markets
10/20/2025
20 October 2025

How evergreen funds work — and why they might be a better fit for you

Evergreen funds offer a flexible, consistently available investment structure that is geared to the needs of modern investors — without capital calls, without commitment, with long-term access to private markets on your terms.

blog
In general
3 mins
7/9/2025
09 July 2025

How family offices protect their portfolio in stormy times

How family offices invest in times of crisis: Strategies, diversification and private markets as a shield for wealth. Find out more now!

blog
infrastructure
2/6/2024
06 February 2024

Infrastructure investments | Your guide

Infrastructure investments are among the oldest investments, but also among the most inaccessible. NAO explains how you too can invest in infrastructure

Long-Short Strategy
blog
hedge funds
7/23/2026
23 July 2026

Long-short strategy: How funds invest in both directions

When a fund buys a stock, the logic is straightforward: if the price rises, the position gains value. A long-short strategy adds a second dimension. The fund can also bet on the falling prices of individual stocks, allowing it to make broader use of its research.

blog
Money market
9/4/2024
04 September 2024

Money Market | Guide

Find out everything about money market funds and how you can invest your capital securely and flexibly in our comprehensive guide.

blog
Equity bonds
10/13/2023
13 October 2023

Multi-equity bonds: A multi-faceted investment option for the portfolio

Anyone who invests in equity bonds cannot avoid multi-equity bonds in order to further optimize their own portfolio. Learn how they work here

blog
Private Debt
7/8/2025
08 July 2025

Private Debt Explained in Full | Your Guide

Private debt can offer attractive returns and flexible financing options. Discover here how it works, what opportunities and risks it entails and why investors are looking for it.

blog
private equity
7/24/2024
24 July 2024

Private Equity and Tokenized Investments | Podcast Episode 2

In this article, NAO explains to you what distinguishes crowd-based approaches from tokenized investing in private equity — and how this benefits you.

Private Equity ETF: Is it really possible?
blog
private equity
In general
6/18/2026
18 June 2026

Private equity ETF: what is really behind it?

Looking for a Private Equity ETF? Find out what listed private equity ETFs actually track, why real private equity works differently, and what options are available to you.

Private Equity Funds: How They Work in 2026
blog
private equity
In general
6/18/2026
18 June 2026

Private Equity Funds: How they work in 2026

How does a private equity fund work? The old world vs. the new, evergreen funds without capital calls, and how you can get started as a private investor from as little as 1 euro.

Private Equity: Definition, Rendite und Zugang erklärt
blog
private equity
6/15/2026
15 June 2026

Private Equity | Guide

Private equity is one of the most exclusive forms of investment. NAO explains in detail here how it works and how investors can participate

blog
private equity
10/13/2023
13 October 2023

Private equity vs. venture capital: The NAO comparison

What is the difference between private equity and venture capital? In this article, NAO explains to you how venture capital fits into private equity

Private Equity vs. Venture Capital: The Difference
blog
private equity
In general
Venture Capital
6/18/2026
18 June 2026

Private Equity vs. Venture Capital: What is the difference?

Private Equity vs. Venture Capital explained: How these two asset classes differ in terms of stage, risk, and access—straightforward and concise.

podcast
No items found.
7/4/2024
04 July 2024

Private Markets and Equity Bonds | Podcast Episode 1

In this article, NAO shows you how you can diversify your portfolio by investing in private markets and equity bonds.

Öffentliche vs. Private Märkte – Was ist der Unterschied?
blog
In general
Private Markets
10/20/2025
20 October 2025

Public vs. private markets — What's the difference?

The article explains the key differences between public and private markets — from access to liquidity to returns.

blog
In general
7/8/2025
08 July 2025

Search Funds: A smart solution for corporate succession

What are search funds and how do they work? Find out why this model is becoming increasingly relevant for corporate succession and investors.

blog
Equity bonds
1/12/2023
12 January 2023

What are reverse convertible bonds?

RCBs combine the regular interest payments of a bond with the price risk of the underlying financial instrument, such as a share.

blog
In general
1/23/2023
23 January 2023

What is investment diversification?

Diversifying investments means spreading investment risk across multiple investment positions. Every investor should diversify

NAO: The private markets platform explained
blog
Private Markets
In general
7/20/2026
20 July 2026

What is NAO? The platform explained simply

If you're looking into NAO, you probably want to know: what does the platform actually do? The short answer: NAO is a digital private markets platform that allows private investors to research and invest in selected alternative asset classes and institutional strategies.

What is private equity? A simple explanation with examples
blog
private equity
In general
6/16/2026
16 June 2026

What is private equity? Definition and how it works, explained simply

What is private equity? A simple explanation: definition, how it works, examples, and how retail investors can get access today – honest and concise.

blog
In general
1/23/2023
23 January 2023

What is tokenization?

Tokenization has become increasingly important in the financial sector. Blockchain technology and tokenization offer high potential for investors

Wer sind die Player in den Private Markets?
blog
Private Markets
10/20/2025
20 October 2025

Who are the players in private markets?

A quick guide to the key players in private markets — LPs, GPs, and Fund Managers — and how they power this high-stakes, we-the-scenes financial ecosystem.

Warum Private Markets für Dein Portfolio wichtig sein können
In general
Private Markets
10/20/2025
20 October 2025

Why private markets can be important for your portfolio

Find out why the smartest investors rely on private markets — for diversification, long-term growth, and returns that don't follow the headlines.

blog
In general
10/13/2023
13 October 2023

Your guide to investing in venture capital

Venture capital is one of the most exclusive forms of investment. NAO explains in detail here how it works and how investors can participate

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