21 Nov Press Release: Moonfare Adds to its Executive Leadership Team with Veteran Hire
BERLIN – Moonfare, the leading European financial technology company enabling individuals and their advisors to invest in top-tier private equity funds, today announces the hiring of Douglas A. Trafelet as Head of Online Sales. Mr Trafelet joins the Moonfare team from PitchBook Data, a global software and data provider tracking the private investment ecosystem offering insights on PE, VC and M&A transactions, where he was running the European team as Managing Director.
Bringing Broad Expertise to the Team
“I’m most excited for the tremendous value Doug can bring to our users. Doug’s broad expertise in business development and sales operations across Europe will deliver the seamless online experience we want to provide to our investors. Welcoming Doug to the Moonfare team is a fantastic achievement for our users, teammates, and shareholders,” said Alexander Argyros, Founder of Moonfare. “Furthermore, Doug will create the scalable systems and customer support we need in order to help us meet the growing demand from investors and funds.”
Moonfare currently has north of €60m in assets under management across several flagship funds. It looks to more than double this amount in each of the next several years.
Douglas Trafelet’s immediate plans include streamlining the client on-boarding process and reinforcing Moonfare’s product offering. In addition, he is building a best-in-class business development team to execute the company’s vision.
“The Moonfare product solves a latent demand problem,” stated Trafelet. “On one side, you have high net worth individuals and families who are either unaware of the superior returns that private equity funds can offer or are unable to commit to the multi-million dollar minimums. On the other side, private equity firms are currently raising more and larger funds and they are seeking an untapped addressable market. This is an elegant solution, which works for both sides, and I am honoured to be joining the Moonfare team.”
Moonfare provides qualified investors with access to top-tier private equity funds at lower minimums and lower fees than previously possible. Investing starts with as little as €100,000 in funds that typically have multi-million dollar minimums. With Moonfare, the process is fast, easy, and secure. Moonfare allows individuals to invest in Private Equity like a professional.
Click this link to sign up to Moonfare for free.