Important Disclaimers

Performance Not Guaranteed

Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections are not guaranteed and may not reflect actual future performance. Your capital is at risk.

Risk of Loss

Investments offered by Moonfare involve a high degree of risk and may result in partial or total loss of your investment.

Illiquid Investments

Investments offered by Moonfare are illiquid and there is no guarantee that you will be able to exit your investments early. 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.

Private Securities (For U.S. investors)

Any securities offering is private and you may be required to verify your status as an ”Accredited Investor” and/or “Qualified Purchaser” to participate. No securities commission or regulatory authority has recommended or approved any investment or the accuracy or completeness of any of the information or materials provided by or through us. Please refer to the respective fund documentation and private placement memorandum for additional information and disclaimers.

Private Equity Index v. S&P 500 Index – Historical Performance (“3X”)

Past performance is no guarantee of future returns. The CA US Private Equity (PE) Index is sourced from Cambridge Associates’ Q4 2020 “Index and Selected Benchmark Statistics” report. The Cambridge Associates Private Equity Index is a pooled horizon IRR calculation based on quarterly data compiled from over 8,300 private equity funds, including fully liquidated partnerships, formed between 1986 and 2020. S&P 500 Total Return Index as sourced from Yahoo Finance. S&P 500 TR Index data are annual compounded return calculations which are time weighted measures and are shown for reference and directional purposes only. The CA PE Index is not an investable index and is used solely for illustrative purposes. The CA PE Index includes only Buyout and Growth Equity funds which are similar to the investment opportunities currently offered by Moonfare. Due to the fundamental differences between the two calculations, direct comparison of IRRs to time weighted returns is not recommended. The chart shows the net growth of a $100 hypothetical initial investment in the referenced indexes on December 31, 1999. Index data does not include the effect of Moonfare’s feeder fees, that are levied on top of the private equity funds offered and are estimated to decrease their net returns by c. 2.3% on an annual basis.

No Investment Recommendations

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. 

Moonfare Group

Within the European Union, Moonfare GmbH and its registered employees are acting as so-called “tied agents” within the meaning of sec. 2 para. 10 of the German Banking Act (Kreditwesengesetz - KWG) in the name, on account and under the liability of Fondsdepot Bank GmbH. 

In Hong Kong, the platform is operated under the supervision of Moonfare Asia Ltd. (23/F One Taikoo Place, 979 King’s Road, Quarry Bay, Hong Kong), an affiliate of Moonfare GmbH, and licensed with the Securities and Futures Commission (CE no. BOO902) to carry on business in Type 1 (dealing in securities) regulated activity in Hong Kong under the Securities and Futures Ordinance (Cap. 571).

In the United Kingdom (UK), the platform is operated under the supervision of Moonfare UK Ltd. (c/o Mazars LLP, The Pinnacle, 160 Midsummer Boulevard, Milton Keynes, MK9 1FF, United Kingdom), an affiliate of Moonfare GmbH, and an appointed representative of RiskSave Technologies Limited, which is authorised and regulated by the Financial Conduct Authority (FRN: 775330). 

In the United States, securities products and services are offered through Foreside Fund Services, LLC (“Foreside”), Member FINRA/SIPC. Foreside is not affiliated with any of the entities above.

Table of Contents

Performance Not Guaranteed
Risk of Loss
Illiquid Investments
Private Securities (For U.S. investors)
Private Equity Index v. S&P 500 Index – Historical Performance (“3X”)
No Investments Recommendations:
Moonfare Group