Why choose Flagship Funds?
Access
Historically, private equity fund investments were out of reach for everyone except for institutional investors, family offices and the ultra-wealthy. Moonfare levelled the playing field — enabling qualified investors to access this asset class.
Outperformance
Benefit from what so many institutional investors already know: private markets may lead to better returns. Top quartile funds, like the ones we aim to offer on Moonfare, have generated an average IRR of 24 percent since 2005 - outperforming the S&P 500 by 16 percentage points.1
Growing asset class
The private capital industry reached $11.7 trillion as of June 30, 2022. AUM has now grown at an annual rate of nearly 20 percent since 2017.² When investors tap into private equity, they gain access to a rapidly-growing asset class that reaches beyond the public markets.
Our past funds. Your
glimpse into the future.
glimpse into the future.
Moonfare members pick from our carefully-curated selection of top-tier funds. Each opportunity is methodically vetted by our investment team, which boasts over a century of experience in the private equity industry. Below is a sample of some of our recently-closed funds. Sign up to see what we're currently offering.
Crystal Clear Fees
Our fee structure is designed to be clear and transparent. You'll always know what fees you're looking at before requesting an allocation
No membership dues
Our fees are based on your allocations — nothing else. We charge a one-time fee ranging from 0.5 to 1.5 percent for each allocation and our yearly management fee ranges from 0.35 to 1.15 percent, depending on share classes.
No hidden fees
Each Key Investor Document clearly lays out fund-specific fees and models how fees impact investor returns.
No GP bias
We don't accept incentives from GPs to add their funds to our platform. Instead, we remain fiercely objective when choosing the best opportunities.
Capital Calls and Distributions
Investing in private equity takes less upfront cash than you might think. Since the typical investment period is seven to 10 years, the full commitment gets spread out over time via capital calls. In most cases, the upfront capital is only 25 percent.*
Through the J-Curve, sophisticated investors create a "self-funding" portfolio by investing in several funds or vintages. Over time, distributions from older funds can offset capital calls from new ones — further reducing your cash flow requirements.
*Please see fund documentation for details. Moonfare may call more than 25% upfront if needed by the underlying investment fund. The illustrative cash flows are not intended as a demonstration or forecast of investment returns. They are provided as an example of typical cash flows for the types of investment vehicles included in the cash flow simulation. No specific cash flow is guaranteed and past performance is not indicative of future performance.
Important risk warning here
The illustrative cash flows are not intended as a demonstration or forecast of investment returns. They are provided as an example of typical cash flows for the types of investment vehicles included in the cash flow simulation. No specific cash flow are guaranteed and past performance is not indicative of future performance. Investors should only base investment decisions on the official offering documents of the respective Moonfare feeder fund and the target fund materials. We produce this model for illustrative purposes only and it should not be used to evaluate any specific investment opportunity. All forward-looking calculations are based on assumptions that Moonfare believes to be reasonable, but are subject to a wide range of risks and uncertainties. Actual results may differ significantly. Investments in private equity products are high risk and investors may lose all capital. The different return scenarios are based on fund level benchmark data sourced from Cobalt LP for the respective investment strategies. The favourable scenario takes into account the average TVPI of the last 10 years (2011 to 2020) from fund managers performing in the Upper Fence. Upper Fence performance is defined by Cobalt as the Q1 lower boundary plus 1.5*the interquartile range. This datapoint is used to identify outliers. TVPI stands for 'Total Value to Paid In' capital and refers to the ratio of the current value of remaining investments within a fund, plus the total value of all distributions to date, relative to the total amount of capital paid into the fund to date. The moderate scenario takes into account the average TVPI of the last 10 years (2011 to 2020) from fund managers performing in the first quartile threshold, defined as the top 25 percent. The unfavourable scenario takes into account the average TVPI of the last 10 years (2011 to 2020) from fund managers performing in the third quartile threshold, defined as a range up to the median (25.1 percent to 50 percent)
Secondary market. A path to early liquidity.
As the first platform to offer a digital secondary market for private market feeder funds, Moonfare makes investing in private equity more flexible with institutional-style liquidity. We've teamed up with Lexington Partners to offer the Moonfare secondary market: it enables eligible investors to buy and sell stakes in funds before the lifecycle completes — bringing new liquidity to the asset class.
Learn more
Liquidity cannot be guaranteed. Subject to demand.
Stay in the know
Check out our benchmark white papers, articles and more resources that'll help you stay on top as an investor.
White Paper
The J-Curve and Building a Self-Funding Private Equity Portfolio
Article
When will the Fed cut rates?
Article
AI is becoming part of everyday business and VC is paving the way
Video
Women in private equity
White Paper
Moonfare Pulse 2025: staying committed to the fundamentals of PE
White Paper
What falling interest rates mean for private equity investors
About Moonfare
Moonfare aims to lead a new era of private equity investing by creating the opportunity for higher returns for more people. We are building the world's most engaged investor community to inspire investments that drive the world forward.
Important information
Moonfare does not make investment recommendations and no communication, through this website or in any other medium should be construed as a recommendation for any security offered on or off this investment platform. Alternative investments in private placements, and private equity investments via feeder funds in particular, are speculative and involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest. Prospective investors should carefully consider the risk warnings and disclosures for the respective fund or investment vehicle set out therein. The value of an investment may go down as well as up and investors may not get back their money originally invested. Past performance is not necessarily a guide to future performance. An investment in a fund or investment vehicle is not the same as a deposit with a banking institution. Please refer to the respective fund documentation for details about potential risks, charges and expenses. Additionally, investors will typically receive illiquid and/or restricted membership interests that may be subject to holding period requirements and/or liquidity concerns. In the most sensible investment strategy for private equity investing, private equity should only be part of your overall investment portfolio. Further, the private equity portion of your portfolio may include a balanced portfolio of different private equity funds. Investments in private equity are highly illiquid and those investors who cannot hold an investment for the long term (at least 10 years) should not invest.
In the United States, securities products and services are offered through Moonfare Securities USA, LLC (“Moonfare Securities”). Moonfare Securities is a registered broker-dealer (brokercheck.finra.org) with the United States Securities and Exchange Commission and is a member of the Financial Industry Regulatory Authority, Inc. (www.finra.org) and the Securities Investor Protection Corporation (www.sipc.org).
- 1 Minimum investment may vary by country and local regulation.
- 2 Source: McKinsey "Private Markets Annual Review 2022"
- 3 Past performance is no guarantee of future returns.