Alpha Fund vs Horizon Fund
Compare Alpha Fund and Horizon Fund side-by-side: fees, terms, fund-stated objectives, risk bands, and Golden Visa evidence.
Capital is at risk. Target returns are fund-stated objectives, not forecasts or guarantees. Confirm all details against the fund prospectus/KID and qualified advisers. This is general information, not investment advice, a recommendation, or a suitability assessment.
Alpha Fund
Managed by ActiveCap - Capital Partners
Horizon Fund
Managed by Octanova SCR
Key Differences at a Glance
Alpha Fund has private equity exposure. Horizon Fund has a different entry point and crypto exposure.
Based on each fund's own disclosed data (fund documents and public registers). These funds may follow different investment policies and carry different risk profiles, which affects how they compare. General information only — not investment advice, a personal recommendation, or a suitability assessment; Movingto does not assess which fund is suitable for you. Capital is at risk; confirm suitability with your own qualified adviser.
Key Financials
Capital is at risk. Target returns are fund-stated objectives, not forecasts or guarantees. Confirm all details against the fund prospectus/KID and qualified advisers.
Fees & Costs
Liquidity & Terms
Have questions about these funds?
Speak with our Golden Visa team for general information about these funds and the residency process. Movingto does not provide investment advice or recommend a specific fund.
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Geographic Allocation
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Our team can answer questions about these funds and the Golden Visa process on a free 15-minute call. We provide information, not investment advice.
Frequently Asked Questions
The main differences include investment focus (Private Equity vs Crypto), minimum investment amounts (€100,000 vs €100,000), management fees (2% vs 2%), and fund managers (ActiveCap - Capital Partners vs Octanova SCR). Each fund has a different risk profile and return target. This is general information, not a recommendation.
Both funds have the same management fee of 2%. Consider the total cost including performance fees: Alpha Fund charges 20% while Horizon Fund charges 20%.
Alpha Fund requires a minimum investment of €100,000, while Horizon Fund requires €100,000. The Portugal Golden Visa fund route requires €500,000 in total qualifying investment (which can combine more than one fund); a fund's own minimum is separate from Golden Visa eligibility, which must be confirmed with Portuguese legal counsel.
Both Alpha Fund and Horizon Fund are marketed by their managers as intended for the Portugal Golden Visa program. That is a manager statement, not a confirmation of eligibility: Golden Visa qualification is determined under Portugal's immigration rules (AIMA) and must be confirmed with Portuguese legal counsel before investing. Capital is at risk.
Private equity (Alpha Fund) and crypto (Horizon Fund) sit in different categories with different risk-return profiles. Compare their disclosed fees, lock-up, fund-stated objectives (which are not forecasts or guarantees), and strategies against your own circumstances. This is general information, not a recommendation; confirm suitability with your own qualified adviser.
Redemption terms vary between funds. Alpha Fund's listed redemption frequency is Not Available, while Horizon Fund's is Monthly. Check each fund's documents for frequency, notice periods, fees, and suspension conditions.
Fund data is reviewed against available sources including fund prospectuses, regulatory filings, and manager-provided information. Data freshness indicators show when each fund's information was last updated. Review the latest fund documents and qualified advisers before making investment decisions.