Bordier & Cie Singapore has partnered with private equity fintech company Moonfare to provide its clients access to top-tier private equity funds via the latter’s digital platform. The latest effort reinforces Bordier’s strategic focus on expanding its ambit of services in private market investing; industry veteran Christian Skaanild was named managing partner in 2020 after a career of over 20 years in private equity. This unique partnership provides Bordier clients’ access to Moonfare’s portfolio of top performing funds, broadening the private bank’s existing offering of leading private equity and venture capital funds – some of which were previously only available for institutions.
The private equity asset class has seen tremendous growth in recent years and with assets under management of over USD4 trillion today is no longer a niche asset class reserved only for institutional investors. The platform boasts the industry’s first digital secondary market, enabling investors to sell their stakes and creating a path to liquidity for a traditionally illiquid asset class. The fintech firm raised $125mil in Series C funding led by Insight Partners last year. More recently, Vitruvian Partners joined Moonfare as shareholder and partner.