Moonfare holds a semi-annual digital secondary market. This structured auction enables investors looking for early liquidity to sell their Moonfare allocations to other members or our institutional partner, Lexington Capital.
Moonfare has partnered with the world's largest and longest-running operator of private equity secondaries, Lexington Partners. Together, we bring institutional liquidity to the Moonfare platform.
Throughout the process, a Moonfare team member will be on standby to help you out. Our team closely monitors and manages the auction process to ensure an efficient and optimal outcome for all clients on our platform.
As part of our mission to digitise the private market landscape, Moonfare handles the auction process entirely on our platform. It's our way of revolutionising the way things are done; no cumbersome processes or paper-based methodologies here.
Twice a year — in the spring and fall — we hold an auction for clients who want to sell their stakes in Moonfare’s private equity funds or acquire new stakes. Buyers in this auction process can also upsize their existing stakes.
Liquidity on the secondary market is not guaranteed.
Moonfare clients may signal their interest to sell at any time. We'll make sure to take note of this and contact interested parties before the Moonfare secondary market auction starts to communicate next steps.
Our clients confirm that they want to sell by providing the proportion and minimum reserve price for the stake they're selling. In turn, we'll record and safeguard this confidential information.
During the auction process, buyers can conduct due diligence and submit binding offers. While this is happening, no further action is needed from sellers.
Moonfare matches buyers with sellers. We streamline this process so that we can give sellers the best price available.
Moonfare digitally notifies relevant parties about the auction's outcome. We distribute the legal documents that govern the transactions and oversee the closing and transfer process.
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