Asset Management
What's New In Investments, Funds? - Berenberg, Moonfare
The latest in funds and investment news from across the world.
German private bank Berenberg and digital
private assets investment platform Moonfare have partnered to
provide the bank’s clients with digital access to private equity
funds.
Qualified individuals can use the Moonfare platform to enter
private equity funds, with a minimum investment of €200,000
($225.941). Moonfare’s investment committee, which consists of
experts from the private equity industry, selects top-tier funds.
From this selection of funds, Berenberg chooses the funds it
deems to be the most promising and offers these to its
customers.
Berenberg is tapping into the continued strong appetite for
private equity, an asset class that has offered superior returns
to listed equities at a time of ultra-low/negative interest
rates. However, the asset class has tended to be restricted to
high net worth investors.
Like Berenberg, Moonfare is a German firm based in
Berlin.
“Historically, access to private equity funds was exclusive for
institutional investors committing more than €10 million per
fund. By allocating 25 per cent or more to alternative
investments, this exclusive group boosted their portfolio returns
over decades,” Dr Steffen Pauls, founder and CEO of Moonfare,
said.
