Private Equity Platform Moonfare Gets Backing From Vitruvian

Moonfare GmbH, an investment platform that allows wealthy clients to invest in private equity funds, is getting its own private equity cash injection.

Vitruvian Partners has invested $35 million into Moonfare to help finance the Berlin-based firm’s international expansion, according to a statement from Moonfare on Monday. London-based Vitruvian is currently deploying its fourth fund, which has 4 billion euros ($4.4 billion) under management.

The investment has pushed up the value of the platform, which invests cash raised from individual investors across Europe into funds managed by firms including Ares Management Corp, Carlyle Group Inc. and KKR & Co ...