Moonfare has partnered with with the largest and longest-running operator of private equity secondaries funds globally, Lexington Partners, to bring institutional-calibre liquidity to the Moonfare platform.
Throughout the process, a member of the Moonfare team will be on hand to assist you. The team will closely monitor and manage the auction process to ensure an efficient and optimal outcome for all clients on our platform.
As part of its mission to digitise the private market landscape, Moonfare will handle the auction process entirely on its platform, revolutionising a procedure that has typically followed a cumbersome, paper-based methodology.
Twice a year, in the spring and fall, Moonfare holds an auction for clients who want to sell their stakes in private equity funds or acquire new stakes. Buyers in this auction process may also seek to upsize existing stakes.
Moonfare clients may signal their interest to sell at any time. We will record this interest and contact interested parties prior to the commencement of the Moonfare Secondary Market Auction to communicate next steps.
Moonfare clients confirm their desire to sell by providing the proportion and the minimum reserve price for the stake they are selling. Moonfare will record and safeguard this confidential information.
During the auction process, buyers will be able to conduct due diligence and submit binding offers. During this period no further action is required from sellers.
Moonfare matches buyers and sellers. Moonfare optimises this matching process in order to give sellers the best price available.
Moonfare digitally notifies relevant parties about the outcome of the auction, distributes the legal documents governing the resulting transactions and oversees the closing and transfer process.
May we help you with any othe topic? Don’t hesitate to contact us.