Private equity experienced significant growth in 2019, with global assets under management standing in excess of 4 trillion US dollars. The asset class consists of a variety of strategies, such as buy-out, venture capital and growth, and has in previous years consistently out-performed other asset classes.
It currently boasts particularly favourable entry valuations, and can also be used to diversify portfolios. Very high minimum levels of investment and restricted access previously meant that investments in private equity were only an option for institutional investors and ultra-high-net-worth families.
“We are delighted to offer our customers outstanding access to this asset class through our cooperation with Moonfare,” says Klaus Naeve, Head of Wealth Management Germany at Berenberg.
“The selection of private equity offers, combined with low minimum levels of investment for this asset class and a completely digital process, is unique in the European market,” says Mr Naeve.
“Historically, access to private equity funds was exclusive for institutional investors committing more than 10 million euros per fund. By allocating 25% or more to alternative investments, this exclusive group boosted their portfolio returns over decades. We are delighted that our partnership benefits investors by combining Berenberg’s wealth management expertise and tailored advice with Moonfare’s technology and unmatched access to the best private investment opportunities,” says Dr. Steffen Pauls, founder and CEO of Moonfare.
About Berenberg
Founded in 1590, Berenberg is one of Europe’s leading privately owned banks today with its Wealth and Asset Management, Investment Bank and Corporate Banking divisions. Headquartered in Hamburg and led by managing partners, Berenberg maintains a strong presence in the financial centres of Frankfurt, London and New York.
About Moonfare
Moonfare was founded in 2016 and is now active in several European countries and in Asia. The fintech company offers high-net-worth private investors, banks and asset managers access to top tier private equity funds at lower minimum amounts and lower fees than previously available. Investing starts with as little as 200,00 euros in funds that typically require minimums of several million US dollars. Moonfare allows individuals to invest in Private Equity like a professional.