The near-Earth asteroid, Kamo‘oalewa (469219), is one of a small number of known quasi-satellites of Earth. Numerical simulations show that it transitions between quasi-satellite and horseshoe orbital states on centennial timescales, maintaining this dynamics over megayears. Its reflectance spectrum suggest a similarity to lunar silicates. Considering its Earth-like orbit and its physical resemblance to lunar surface materials, we explore the hypothesis that it might have originated as a debris-fragment from a meteoroidal impact with the lunar surface. We carry out numerical simulations of the dynamical evolution of particles launched from different locations on the lunar surface with a range of ejection velocities. As these ejecta escape the Earth-Moon environment and evolve into heliocentric orbits, we find that a small fraction of launch conditions yield outcomes that are compatible with Kamo‘oalewa’s dynamical behavior. The most favored conditions are launch velocities slightly above the escape velocity from the trailing lunar hemisphere.