Private markets investment platform Moonfare has grown assets under management to more than €4bn, supported by continued demand from high-net-worth individuals and family offices despite broader concerns over liquidity in parts of the private capital market, according to a report by Bloomberg.
The Berlin-based firm said investors committed €313m during the first half of 2026, with inflows spread across primary private equity funds, co-investments, evergreen vehicles, secondaries and direct investments. Around 20% of new capital was allocated to the firm’s proprietary investment strategies.
The milestone comes as private market managers continue to compete for a growing share of wealth channel assets, although recent redemption pressures have prompted some firms to reassess their approach to serving individual investors.
Several private credit managers have introduced redemption limits this year following increased withdrawal requests from retail-focused funds, amid investor concerns over credit quality and broader market conditions. More recently, Partners Group imposed redemption caps on one of its flagship evergreen private equity funds after elevated demand for withdrawals.
Against that backdrop, Moonfare said it continues to see healthy inflows from affluent investors seeking diversified exposure across private market strategies rather than access alone.
Founder and chief executive Steffen Pauls said investor priorities are shifting towards higher-quality investment selection as private markets become increasingly accessible to individual investors.
Founded in 2016 by former KKR executive Pauls, Moonfare has built its platform around providing accredited private investors with access to institutional private market opportunities that have traditionally been available only to large pension funds and other institutional allocators.
While the company has yet to report an annual profit, it said it expects to achieve sustained profitability from the fourth quarter of 2026, reflecting continued growth in assets and investment activity.
