Financial Results
Moonfare Rides Rising Alternative Investment Wave
A trend within the alternative investments space - covering areas such as private equity, venture capital or real estate - is how a number of tech-driven platforms have arrived, saying they widen access beyond the traditional boundaries.
Moonfare, the
Germany-based private equity platform, yesterday said its assets
under management by almost 90 per cent in the 12 months to
end-September 2022 to €2.18 billion ($2.53 billion).
Demand by investors for alternative assets has surged because
investors seek alternatives to listed equities to obtain yield
and refuge from inflation and volatility, Moonfare said in a
statement.
The firm is one of several around the world, such as CAIS and iCapital in the US, that are
tapping into demand for wider access to sectors such as private
equity, private credit, infrastructure and hedge funds.
Investment analytics company Preqin predicts global private
capital AuM will almost double to $18.3 trillion by
2027.
The number of investors using Moonfare grew 63 per cent to 3,272,
while the community of registered users more than doubled (141
per cent) to more than 46,000. The number of individual
investments rose by 70 per cent to 8,462.
Moonfare increased the funds offered on its platform from 40 to
69.
“Private investors are more and more catching up with
professional institutional investors and have discovered that
private equity can be a safe harbour from inflation and high
stock market volatility,” founder and chief executive Steffen
Pauls said.