Moonfare, a Germany-based private equity investment platform propounded that its operations have started in the United Arab Emirates (UAE). The platform enables individual investors of all seven emirates, except DIFC and ADGM to have access to the best private equity funds.
Moonfare empowers individuals for direct investment into pre-vetted private equity funds by reducing entry minimums. Earlier, their equity funds were only accessed by institutional investors. Individual investors from UAE can invest in Moonfare for only $60,000. As the UAE citizens start entering Moonfare platform, it can further strengthen itself as a global leader in digital private market investment platforms.
Steffen Pauls, CEO, and Founder, Moonfare, stated, “We are very excited to have achieved this important milestone and to realize Moonfare’s expansion into the UAE. We see enormous growth potential in this region. The UAE holds one of the largest pools of private capital globally and is home to increasing numbers of high-net-worth individuals (HNWIs). This group is looking for new opportunities to diversify their portfolios and is showing strong demand for better digital offerings when it comes to wealth management. The Moonfare platform, with its easy and quick digital experience is ideally structured to meet these demands.”
In a study conducted, it has been revealed that UAE’s HNWI is demanding technology-driven and digital tools for wealth management. The platform of Moonfare completes these demands as it offers a feasible, and secure experience, and enables investors to manage their investments in real-time. It’s a kind of one-stop platform that allows fund information access, KYC, digital reporting, and client enrolment on the go.
Moonfare platform can provide an exceptional portfolio as they connect investors with prominent fund managers, including industry giants, like The Carlyle Group, KKR, Permira, EQT or Insight Partners.