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Golden Visa Fund Comparison

Flex Space Fund vs Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado

Compare Flex Space Fund and Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado 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.

Unverified Fund Data

Data for Flex Space Fund and Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado has not been independently verified through our verification program. Fees, returns, and terms shown are based on manager-reported information. Compare with caution and confirm all details directly with the fund manager.

Private Equity

Flex Space Fund

Managed by Insula Capital SGOIC

Unverified
VS
Private Equity

Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado

Managed by Fortitude Capital

Unverified

Key Differences at a Glance

Flex Space Fund has lower management fees. Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado has a different entry point.

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

Min. Investment
Flex Space Fund
€100,000
Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado
€100,000
Fund-stated objective
Flex Space Fund
11.65% p.a.
Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado
15–20% p.a.

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.

Fund Size
Flex Space Fund
€20M
Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado
€150M
Established
Flex Space Fund
2024
Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado
2025

Fees & Costs

Management Fee
Flex Space Fund
1.5%
Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado
2%
Performance Fee
Flex Space Fund
20%
Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado
20%
Subscription Fee
Flex Space Fund
None
Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado
5%
Redemption Fee
Flex Space Fund
None
Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado
None
Hurdle Rate
Flex Space Fund
5%
Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado
7%

Liquidity & Terms

Redemption
Flex Space Fund
Not disclosed
Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado
End of Term
Lock-up Period
Flex Space Fund
8 years
Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado
4 years
Risk Band
Flex Space Fund
Aggressive
Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado
Aggressive
Category
Flex Space Fund
Private Equity
Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado
Private Equity

Have questions about these funds?

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Geographic Allocation

Flex Space Fund
Portugal
100%
Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado
Portugal
60%
Spain
40%

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Frequently Asked Questions

The main differences include investment focus (Private Equity vs Private Equity), minimum investment amounts (€100,000 vs €100,000), management fees (1.5% vs 2%), and fund managers (Insula Capital SGOIC vs Fortitude Capital). Each fund has a different risk profile and return target. This is general information, not a recommendation.

Flex Space Fund has the lower management fee at 1.5% compared to 2%. Also compare the performance fees: Flex Space Fund charges 20% while Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado charges 20%. The overall cost depends on each fund's full fee load and is only one factor among many.

Flex Space Fund requires a minimum investment of €100,000, while Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado 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 Flex Space Fund and Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado 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.

Both funds focus on private equity. Compare their track records, management teams, fee structures, and specific investment strategies — Flex Space Fund's approach managed by Insula Capital SGOIC versus Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado's strategy under Fortitude Capital — alongside their redemption terms and fund-stated objectives. This is general information, not a recommendation; confirm suitability with your own qualified adviser.

Redemption terms vary between funds. Flex Space Fund's listed redemption frequency is not disclosed, while Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado's is End of Term. 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.

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