Golden Visa Fund Comparison
BlueWater Capital Fund vs Lince Growth Fund I, FCR
Compare BlueWater Capital Fund and Lince Growth Fund I, FCR 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
Lince Growth Fund I, FCR
Managed by Lince Capital, SCR, S.A.
Unverified
Quick Decision Guide
Choose BlueWater Capital Fund if you prioritize lower minimum investment and venture capital exposure. Choose Lince Growth Fund I, FCR if you prefer lower management fees and private equity exposure.
Key Financials
€50,000Best
Min. Investment
€100,000
Min. Investment
BlueWater Capital Fund
€50,000Lince Growth Fund I, FCR
€100,000Not disclosed
Target Return
Best15–20% p.a.
Target Return
BlueWater Capital Fund
Not disclosedLince Growth Fund I, FCR
15–20% p.a.Not disclosed
Fund Size
€50M
Fund Size
BlueWater Capital Fund
Not disclosedLince Growth Fund I, FCR
€50M2023
Established
2023
Established
BlueWater Capital Fund
2023Lince Growth Fund I, FCR
2023Fees & Costs
2.5%
Management Fee
Best1.5%
Management Fee
BlueWater Capital Fund
2.5%Lince Growth Fund I, FCR
1.5%12.5%
Performance Fee
20%
Performance Fee
BlueWater Capital Fund
12.5%Lince Growth Fund I, FCR
20%Not disclosed
Subscription Fee
Not disclosed
Subscription Fee
BlueWater Capital Fund
Not disclosedLince Growth Fund I, FCR
Not disclosedNot disclosed
Redemption Fee
Not disclosed
Redemption Fee
BlueWater Capital Fund
Not disclosedLince Growth Fund I, FCR
Not disclosedNot disclosed
Hurdle Rate
5%
Hurdle Rate
BlueWater Capital Fund
Not disclosedLince Growth Fund I, FCR
5%Liquidity & Terms
Available
Redemption
End of Term
Redemption
BlueWater Capital Fund
AvailableLince Growth Fund I, FCR
End of TermNot disclosed
Lock-up Period
96 months
Lock-up Period
BlueWater Capital Fund
Not disclosedLince Growth Fund I, FCR
96 monthsNot disclosed
Risk Band
Not disclosed
Risk Band
BlueWater Capital Fund
Not disclosedLince Growth Fund I, FCR
Not disclosedVenture Capital
Category
Private Equity
Category
BlueWater Capital Fund
Venture CapitalLince Growth Fund I, FCR
Private EquityEstimated Fees on €500,000 Investment
Management fees over 6 years (excludes performance fees)
BlueWater Capital Fund
Fees not disclosed
Lince Growth Fund I, FCR
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%
Lince Growth Fund I, FCR
Portugal
80%
European Union (Other)
20%
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 €100,000), management fees (2.5% vs 1.5%), and fund managers (Insight Venture - Sociedade de Capital de Risco, S.A. vs Lince Capital, SCR, S.A.). Each fund has different risk profiles and return targets suited to different investor preferences.
Lince Growth Fund I, FCR has the lower management fee at 1.5% compared to 2.5%. However, consider the total cost including performance fees: BlueWater Capital Fund charges 12.5% performance fee while Lince Growth Fund I, FCR charges 20%. The overall value depends on your investment goals and expected returns.
BlueWater Capital Fund requires a minimum investment of €50,000, while Lince Growth Fund I, FCR requires €100,000. 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 Lince Growth Fund I, FCR 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 (Lince Growth Fund I, FCR) 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 Lince Growth Fund I, FCR provides End of Term 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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