The Satellite Newsletter #53

Dear Valued Member of the Moonfare Network,

When markets turn, how do different assets really hold up?

That’s the question at the heart of Moonfare’s newly released white paper.

Led by our Chief Economist, Mike O’Sullivan, the report draws on 25 years of data to better understand how private equity performs across cycles and its contribution to portfolio long-term returns.

Few studies look this closely at PE’s resilience in crises, making it especially relevant today — as reflected in coverage by leading publications such as Bloomberg and Business Insider.

Our findings have also set the context for a recent CNBC Squawk Box interview, where Moonfare Founder and Co-CEO, Steffen Pauls, shared his views on most pressing topics facing the industry today — including the developments in private credit and the growing need for plain-English investor education on evergreen products.

Enjoy the newsletter!

Your Moonfare team

Do private markets really outperform? See what 25 years of data show.

If crises are the real test of an asset class, private markets have passed repeatedly. Our latest research found that PE indices fell less and recovered more strongly than public markets indices.

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Moonfare's Founder urges plain-English education on evergreens

Watch the CNBC interview →

The best growth managers stay on top. Will AI keep it that way?

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Five ways private equity firms create value in portfolio companies

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The AI boom is entering its next 'winner-and-loser' phase

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