French private equity firm Eurazeo has launched Eurazeo Private Value Europe 3 (EPVE3), a vehicle that enables fundraising via private banks, family offices and asset management advisors across Europe, as part of the €35bn firm’s partnership with private equity investing platform Moonfare.
According to a press release, the fund will be available via Eurazeo’s platform. Eurazeo and Moonfare’s partnership was announced last year and is intended to help the former broaden domestic access to private markets utilising the latter’s technology, with the last ten months being used to prepare EPVE3’s feeder fund and platform structure.
In a press statement, Luc Maruenda, Partner – Head of Wealth Solutions – Investor Relations at Eurazeo, said: “Managing large volumes of investments in line with European and national regulations requires a seamless, 100% digital solution for managing subscriptions, financial flows and customer relations.
The ability to leverage the global expertise and B2C infrastructure of a democratising trailblazer like Moonfare is essential to our project.”
Lorenz Jüngling, Co-CEO of Moonfare, added: “Democratising access to private markets is a secular, long-term trend. As well as offering funds on our own platform, it is our mission to help other asset managers digitise their distribution. As one of the largest and best-known French fund managers, Eurazeo are an ideal partner.”
Eurazeo is listed on Euronext Paris and has offices in Paris, New York, London, Frankfurt, Berlin, Milan, Madrid, Luxembourg, Shanghai, Seoul, Singapore and Sao Paulo.
Moonfare is headquartered in Berlin and operates in 22 countries across Europe, Asia and America, with offices in New York, London, Zürich, Singapore, Paris and Luxembourg. Its 4,000 clients have invested more than €2.8bn on its platform, according to the press release.
