Moonfare is a digital investment platform that secures allocations in

private equity Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the co ...

and

venture capital fund Venture capital (VC) is a form of private equity financing provided by firms or funds to startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in terms of number ...

s that generally have very high minimum investments or are offered only to institutional investors. Moonfare, splits these investments into smaller tranches using feeder fund vehicles, and makes them available to investors at lower minimums. Moonfare has offered funds with minimums of £50,000 in the UK, €50,000 in Europe, and $75,000 in the US Moonfare operates in 22 countries from its headquarters in Berlin, Germany and its offices in the UK, USA, Luxembourg, Paris, Zurich, Singapore, and Lisbon. As of November 2022, the business had 200 employees. The company’s investors include Insight Partners, Fidelity International, Vitruvian Partners, Bordier & Cie, ProSiebenSat.1 Media SE’s former chief executive officer Thomas Ebeling, former KKR & Co. partner Henrik Kraft and ex-BC Partners chairman Jens Reidel.

History

Moonfare was founded in 2016 by Dr. Steffen Pauls, Heinrich von Liechtenstein, and Alexander Argyros. In 2019 Alexander Argyros withdrew from his operational responsibilities. In January 2022, Moonfare launched its operation in the US and opened its NY office. In April 2022, Moonfare launched operations in Singapore. In October 2022, Moonfare launched operations in Paris and Zurich. Moonfare reached €500m in assets under management in 2020, €1bn in AuM in 2021, €1.5bn in AuM in March 2022, €2bn in AuM in July 2022, and €3bn in AuM in June 2024. In September 2023, Marine Eugène joined Moonfare as Chief Commercial Officer.

Funding

* In 2019, Moonfare raised a two part Series A round with a combined cash raise of $28m. * In March 2021, Fidelity International, a $706bn asset manager, bought a minority stake in Moonfare in a Series B financing round. * In November 2021, Moonfare raised another $125M (approximately €105m) round in a Series C financing round led by Insight Partners and with participation of earlier investor Fidelity International. * In March 2022, €35m were invested led by London-based Vitruvian Partners. * In February 2023, Moonfare raised $15m in its Series C extension round.

Partnerships

* In June 2020, German bank Berenberg partnered with Moonfare to launch a private equity fund offering for its private clients. * In March 2021, Fidelity International formed an exclusive distribution pact with Moonfare, with an agreement focusing on institutional and wholesale clients. * In July 2021 German liability umbrella provider Fondsdepot Bank began a partnership with Moonfare. * In December 2021, private banking house Bordier & Cie entered into a partnership with Moonfare to boost the private equity offering for its private clients. * In March 2022, investment and deposit marketplace Raisin DS partnered with Moonfare to add private equity as an asset class to its platform. * Lexington Partners, with $52bn in committed capital, participates as a buyer of stakes in Moonfare funds, providing Moonfare fund investors with liquidity potential twice each year.

References

{{reflist German companies established in 2016 Investment companies of Germany Companies based in Berlin Privately held companies of Germany