Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado vs Horizon Fund
Compare Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado 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.
Partially Verified Comparison
Data for 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.
Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado
Managed by Fortitude Capital
Horizon Fund
Managed by Octanova SCR
Key Differences at a Glance
Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado 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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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 (Fortitude Capital 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: Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado charges 20% while Horizon Fund charges 20%.
Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado 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 Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado 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 (Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado) 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. Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado's listed redemption frequency is End of Term, 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.