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Moonfare Rides Rising Alternative Investment Wave
Editorial Staff
28 October 2022
, 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 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.