Vitruvian joins Moonfare as shareholder and partner – invests $35 million in leading digital alternative asset management platform
Vitruvian Partners (“Vitruvian”) is partnering with German private equity (PE) platform Moonfare, investing $35 million in the company’s unique business model. The partnership represents another important milestone for Berlin-based Moonfare after having just recently announced a $125 million series C
financing round led by Insight Partners and consolidating its global footprint by launching operations in the US.
“We are excited for this partnership with Vitruvian Partners, a renowned brand name with an amazing track record of investing in businesses that promise high, sustainable growth. We regard this step as an affirmation of our unique business model, team and company performance.” said Steffen Pauls, founder and CEO of Moonfare.
”With current geopolitical changes and market uncertainties, Moonfare’s consistent growth and global expansion indicates a growing demand for the digital private market investing opportunities we offer.”
Thomas Studd, Partner at Vitruvian said: “Private equity investments are barely available to retail investors, despite significant take-up by sophisticated institutional investors around the world. Moonfare’s offering addresses that gap and its exceptional growth rates clearly show pent-up consumer demand. Vitruvian is delighted to be partnering with Steffen and the exceptional Moonfare team as they look to democratise access to this asset class.”
As the democratisation of private markets continues to gain momentum so does the trend of “Private Equity goes Retail1”. High Net Worth Individuals, retail investors and their advisors are increasingly looking to alternative investments to benefit from high returns. This development has been heightened by current inEation rates and stock market volatility. However retail access to private equity funds for individuals remains underserved.
Moonfare is meeting these market demands by offering retail investors access to select, top tier private market funds and venture capital funds that were previously only available for institutions.
Cerulli Associates: European Alternative Investments 2022
All at low minimums via a fast and easy-to-use digital experience. It is the only private equity platform that operates on a global basis and transacts with consumers directly as well as through family offices, banks and other advisors.
Moonfare’s Assets under Management as of March 2022 are €1.6 billion, a 150% increase year on year.
Headquartered in Berlin, the company operates in 22 countries across Europe, Asia, and America and has offices in New York, Hong Kong, London, Luxembourg and Singapore. Moonfare is constantly expanding its global foothold and has recently launched operations in Scandinavia, Israel and Portugal.
More information you will find here
Source Moonfare GmbH