Golden Visa Fund Comparison
BlueWater Capital Fund vs Growth Blue Fund
Compare BlueWater Capital Fund and Growth Blue Fund side-by-side: fees, terms, performance metrics, and Golden Visa eligibility.
Venture Capital
BlueWater Capital Fund
Managed by Insight Venture - Sociedade de Capital de Risco, S.A.
Unverified
VS
Private Equity
Growth Blue Fund
Managed by Growth Partners Capital, S.A.
Unverified
Quick Decision Guide
Choose BlueWater Capital Fund if you prioritize venture capital exposure. Choose Growth Blue Fund if you prefer lower management fees and manageable entry point.
Key Financials
€50,000
Min. Investment
€50,000
Min. Investment
BlueWater Capital Fund
€50,000Growth Blue Fund
€50,000Not disclosed
Target Return
Not disclosed
Target Return
BlueWater Capital Fund
Not disclosedGrowth Blue Fund
Not disclosedNot disclosed
Fund Size
€50M
Fund Size
BlueWater Capital Fund
Not disclosedGrowth Blue Fund
€50M2023
Established
2024
Established
BlueWater Capital Fund
2023Growth Blue Fund
2024Fees & Costs
2.5%
Management Fee
Best2%
Management Fee
BlueWater Capital Fund
2.5%Growth Blue Fund
2%12.5%
Performance Fee
20%
Performance Fee
BlueWater Capital Fund
12.5%Growth Blue Fund
20%Not disclosed
Subscription Fee
Not disclosed
Subscription Fee
BlueWater Capital Fund
Not disclosedGrowth Blue Fund
Not disclosedNot disclosed
Redemption Fee
Not disclosed
Redemption Fee
BlueWater Capital Fund
Not disclosedGrowth Blue Fund
Not disclosedNot disclosed
Hurdle Rate
8%
Hurdle Rate
BlueWater Capital Fund
Not disclosedGrowth Blue Fund
8%Liquidity & Terms
Available
Redemption
Available
Redemption
BlueWater Capital Fund
AvailableGrowth Blue Fund
AvailableNot disclosed
Lock-up Period
120 months
Lock-up Period
BlueWater Capital Fund
Not disclosedGrowth Blue Fund
120 monthsNot disclosed
Risk Band
Not disclosed
Risk Band
BlueWater Capital Fund
Not disclosedGrowth Blue Fund
Not disclosedVenture Capital
Category
Private Equity
Category
BlueWater Capital Fund
Venture CapitalGrowth Blue Fund
Private EquityEstimated Fees on €500,000 Investment
Management fees over 6 years (excludes performance fees)
BlueWater Capital Fund
Fees not disclosed
Growth Blue Fund
Fees not disclosed
Cost comparison unavailable — one or more funds have not disclosed their fee structure.
Geographic Allocation
BlueWater Capital Fund
Portugal
60%
Europe
30%
Other
10%
Growth Blue Fund
Portugal
85%
Other
15%
Ready to invest?
Speak with our Golden Visa experts to discuss which fund is right for you.
Frequently Asked Questions
The main differences include investment focus (Venture Capital vs Private Equity), minimum investment amounts (€50,000 vs €50,000), management fees (2.5% vs 2%), and fund managers (Insight Venture - Sociedade de Capital de Risco, S.A. vs Growth Partners Capital, S.A.). Each fund has different risk profiles and return targets suited to different investor preferences.
Growth Blue Fund has the lower management fee at 2% compared to 2.5%. However, consider the total cost including performance fees: BlueWater Capital Fund charges 12.5% performance fee while Growth Blue Fund charges 20%. The overall value depends on your investment goals and expected returns.
BlueWater Capital Fund requires a minimum investment of €50,000, while Growth Blue Fund requires €50,000. Both funds meet the Portugal Golden Visa minimum requirement of €500,000. Choose based on your available capital and diversification strategy.
Both BlueWater Capital Fund and Growth Blue Fund are marketed by their managers as intended for the Portugal Golden Visa program, meeting the minimum €500,000 investment requirement and being properly regulated investment funds. Eligibility must be confirmed with Portuguese legal counsel before investing.
The choice between venture capital (BlueWater Capital Fund) and private equity (Growth Blue Fund) depends on your risk tolerance and investment goals. Venture capital investments typically offer different risk-return profiles compared to private equity. Consider your portfolio diversification needs and long-term investment strategy.
Redemption terms vary between funds. BlueWater Capital Fund offers standard redemptions, while Growth Blue Fund provides standard redemption opportunities. Check the specific notice periods and any redemption fees that may apply. Consider your liquidity needs when choosing between these options.
All fund data is regularly verified against official sources including fund prospectuses, regulatory filings, and direct communication with fund managers. Data freshness indicators show when each fund's information was last updated. We recommend reviewing the latest fund documents and speaking with the fund managers before making investment decisions.
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