The private equity investment platform Moonfare and the Luxembourg-headquartered provider of digital fund operations Fundcraft on 15 October 2024 announced a partnership focused on fund administration.

“Moonfare is a digital asset manager heavily reliant on technology, and in Fundcraft we have found a tech-first partner for fund administration. It’s a great match,” Magnus Grufman, chief operating officer at Moonfare, commented in a press release. The company was looking for an administrator that could to offer API integration into the Moonfare platform and fully digital know-your-client (KYC) and capital call processes. “We have been able to automate many end-to-end processes, as well as enjoy much higher transparency by having all data and processes centralised on a single system.”

“This is a true partnership with Moonfare,” added Olga Porro, chief product officer at Fundcraft. “We have worked extremely collaboratively from the start, adapting and enhancing the platform to achieve really important productivity gains and making Fundcraft a better solution for all of our clients, present and future.”

Founded in 2021, Fundcraft provides a digital platform that centralises, optimises and automates the fund lifecycle, offering an all-around solution for regulatory requirements, reporting, portfolio management and investor engagement. The fintech in May 2024 obtained a . Moonfare, which was founded in Germany in 2016 and launched its first fund in 2018, aims to democratise private equity investing by selecting funds from general partners and offering eligible investors and family offices access to these funds. The firm counts roughly 4,800 investors, more than 110 funds and €3bn in assets under management.