German investment platform Moonfare lands in the United Arab Emirates

By Oliver Smith on Thursday 28 July 2022

Savings and Investment

Launch comes after Moonfare reached €2bn in AUM earlier this month.

German investment platform Moonfare lands in the United Arab Emirates
Image source: David Rodrigo/Unsplash.

Private equity investment platform Moonfare is this week launching in the United Arab Emirates, taking its total coverage now to 25 countries.

The expansion comes just weeks after Moonfare announced it had reached €2bn in assets under management, doubling its AUM from €1bn in under a year.

With now 40,000 registered users, 3,000 invested clients and offices in New York, Hong Kong, London, Luxembourg, Singapore and Zürich, Moonfare said the UAE was the obvious next step.

“We see enormous growth potential in this region,” said Steffen Pauls, CEO and founder of Moonfare.

“The UAE holds one of the largest pools of private capital globally and is home to increasing numbers of high-net-worth individuals,” he added.

“This group is looking for new opportunities to diversify their portfolios and is showing strong demand for better digital offerings when it comes to wealth management. The Moonfare platform with its easy and quick digital experience is ideally structured to meet these demands.”

Unlike other wealth management platforms, Moonfare is aimed at catering for high-net-worth individuals who don’t have access to a private asset manager themselves.

To join Moonfare’s client list takes just 15 minutes to complete a registration process and a mere €60,000 minimum deposit.

Moonfare then offers users the chance to invest in 55 private market funds from top private equity investors worldwide, with an emphasis on private equity buyouts, venture and other asset categories such as infrastructure.

Funds listed on the platform include those from KKR, Tiger Global, SilverLake and The Carlyle Group.

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