There are 60+ private equity and venture funds in the market, minus those that failed legal due diligence
Our advisors will provide you with comprehensive and
honest guidance from the initial inquiry to selecting
the fund. We will navigate the complexities, educate
on all market options, assist with questions, schedule
introductory calls and ensure legal compliance thus
minimizing long term risk.
Benefits
of opting
for fund option
Disadvantages
of opting
for fund option
Golden Visa eligible fund
in non-real estate collective investment undertakings, which are set up under
Portuguese law, whose maturity, at the time of the investment, is at least five years
and at least 60 percent of the value of the investments is made in commercial
companies based in Portugal. In addition to being in accordance with
the immigration legislation all funds are approved and regulated
by the Portuguese Securities Market Commission also known as CMVM.
for the investor
by the Golden Visa program.
In addition, the investor should have previous understanding
of financial investment vehicles.
What can you expect
from Advisors Portugal
Our clients are accompanied throughout
all of the necessary steps leading to a successful
application submission.
Commonly used terms
Responsible for implementing the fund’s investment strategy, managing its trading activities, and complying with CMVM regulations.
Provides guidance and direction to the fund’s investment strategy. Usually very experienced and highly specialized in a particular sector.
Refers to the types of investments the fund is targeting within a particular sector.
The value which an investor must commit to the fund in order to enter per each unit. Funds that are designed specifically for the Golden Visa have a total required investment of €500,000 threshold.
Also referred to as Fund Term. This is the period of time that the fund will be open. This total Fund Lifetime is typically split into Subscription Period, Investment Period, and Liquidation Period. It usually stretches from 6 to 10 years. It is usually possible to extend the Fund Lifetime, if necessary due to economical reasons.
Simply states which countries the fund intends to target. Although the majority of funds are focused solely on Portugal, the rules mandate that 60% of the fund’s resources must be invested inside Portugal whilst it is permissible to invest 40% outside Portugal.
A fee paid from the fund’s resources to the Fund Managers and Advisors for their ongoing management work. It typically ranges from 1% to 2.5% and is not subject to performance.
Refers to an amount that the Fund Managers have set as a target to pay out to investors each year. It is usually expressed as a percentage of the investment amount which is net of fund costs. This figure usually ranges from 3-5% but it’s important to remember that is a target rather than a guarantee.
Refers to the cost paid by an investor when entering into the fund. It is paid in addition to the investment amount and is used to cover administration, marketing, and fund-raising costs. The amount varies across Funds.
The maximum period in which the fund will be open to receiving new investment. In some cases, funds may reach their total investment capacity before the formal end of the subscription period and will therefore close the fund to new investment earlier than planned.
The percentage of the final profits distributed to the Fund Advisors at the end of the Fund Lifetime, after the Liquidation Period. It is expressed as a percentage of profits above the Annual Distribution Target. The Performance Fee varies significantly from fund to fund and is typically a commercial decision acting as a reflection of a) how active the Fund Advisors have been during the Fund’s Lifetime, and b) the greater overall profits which are typically associated with such activities.