Global private equity platform Moonfare has held the final close of its second core portfolio, Moonfare Core Portfolio II (Core II), above its fundraising target, taking a proprietary Moonfare portfolio beyond the €100 million mark for the first time.
Moonfare says Core II is a central plank in its mission to bring private equity funds of top-tier managers within reach for individual investors. Designed to sit at the heart of an individual’s private investments portfolio, it offers access to buyout and buyout-related strategies, such as secondaries and co-investments.
Core II offers diversification by geography, fund manager, sub-investment strategy, and target sector with one single investment ticket starting from €50,000. Its 12 underlying investments focus on mid- and large-cap buyout strategies, as well as providing exposure to handpicked secondaries and co-investment opportunities. Its geographical reach spans Europe, North America, and the rest of the world. GPs include top-quartile managers such as Apax, EQT, Lexington Partners (secondaries), and Permira.
The portfolio’s first vintage, Moonfare Core Portfolio I, closed in 2020 at €75m, 50% over target.
