Moonfare, the leading digital global private equity investment platform, has become the latest fund provider to bring its expertise and capabilities to support the Greater Share education model.
Greater Share is an innovative UK-based initiative that aims to combine philanthropy with private equity to generate hundreds of millions of dollars in long-term grants for education charities around the world. Advent International, Hg Capital, Lexington Partners and Permira are among those already partnering with the enterprise. Now, Moonfare, which is playing a lead role in opening private equity markets up to a wider range of investors, is partnering with the Greater Share Education Fund.
The Greater Share Education Fund is designed to improve the lives of children around the globe, funding child-centred educational provision to bridge and close the gap in educational access that impedes social and economic development in marginalised communities. Charities benefitting include the London Early Years Foundation and CAMFED, the Campaign for Female Education (see below for a full list of partner NGOs).
Moonfare founder and CEO Steffen Pauls said, “Philanthropists want to know where their money will have the greatest impact. We are excited to be involved in an initiative that combines NGOs improving learning for children in marginalised communities with the expertise of private equity funds. This is a project bringing real and quantifiable change.”
Paul Fletcher, founding member and Chair of the Board at Greater Share, added, “With its ability to provide long-term sustainable funding to charitable organisations, Greater Share is a portfolio for philanthropists and investors alike. We are very pleased to join forces with Moonfare to reach a wider audience of socially committed investors looking to make meaningful change in the world.”
Partnering with Greater Share is an example of Moonfare’s commitment to ensuring the organisation promotes the values of responsible global citizenship. Over the past two years, Moonfare has carried out a number of initiatives, including supporting Ukrainian citizens by donating money raised from staff, management and major partners, and donating lunchboxes to welcome Ukrainian refugees arriving in Berlin by rail. Moonfare also matched meals its staff donated to homeless people via Germany’s ‘guerrilla kitchen’ charity Soliküche. There will be further initiatives to come.
The eight NGOs were chosen by Greater Share for their proven high and systems-level impact on child-centred learning in educationally underserved communities, and will be receiving long-term, recurring funding to help them achieve their missions in the education sector.
Child-centred learning shifts the educational focus from ‘teacher’ to learner, imparting to learners the skills necessary to drive and measure their own progress, and to encourage lifelong learning. It is a practice particularly suited to sectors of the community experiencing a formal education gap. As such, child-centred learning broadens the definition of educator from those with a formal teaching qualification to all facilitators of educational outcomes, including parents, community and other figures in civil society.
The Greater Share Education Fund’s eight beneficiary NGOs were chosen for their focus on underserved children, their evidence of impact, and an approach aligned with the Greater Share Education Fund’s philosophy of change.
Moonfare’s contribution to the enterprise involves creating a feeder fund, for which Moonfare will forgo fees and carry.
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