Moonfare has closed its Moonfare Co-Investment Fund II at $83 million, surpassing its target within 12 months and marking a 43% increase over its first vintage. The fund attracted commitments from investors across more than 20 markets, including individuals, single family offices, and smaller institutional investors.

Demand proved particularly strong in Germany, the UK, the Netherlands, and the US. The fund is already 30% invested alongside Hg, Vista Equity Partners, and EQT, targeting 12-15 co-investments across North America and Europe in technology, financial services, healthcare, consumer, and industrial sectors. Philip Meschke, Head of Private Equity, emphasized the firm's selective approach in constructing a diversified portfolio amid increasing market dispersion.

The fund's success reflects sustained appetite for curated private equity co-investments among private wealth investors and smaller institutions. With a robust pipeline of opportunities driven by relationships with established firms and emerging managers, Moonfare expects to launch Moonfare Co-Investment Fund III within the next 12-18 months, building on the momentum of its second-generation vehicle.