Golden Visa Fund Comparison

Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado vs Lince Growth Fund I, FCR

Compare Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado and Lince Growth Fund I, FCR side-by-side: fees, terms, performance metrics, and Golden Visa eligibility.

Private Equity

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

Managed by Fortitude Capital

Unverified

Private Equity

Lince Growth Fund I, FCR

Managed by Lince Capital, SCR, S.A.

Unverified

Quick Decision Guide

Choose Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado if you prioritize its unique strategy and approach. Choose Lince Growth Fund I, FCR if you prefer lower management fees and manageable entry point.

Key Financials

€100,000

Min. Investment

€100,000

Min. Investment

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

€100,000

Lince Growth Fund I, FCR

€100,000

15–20% p.a.

Target Return

15–20% p.a.

Target Return

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

15–20% p.a.

Lince Growth Fund I, FCR

15–20% p.a.

€150M

Fund Size

€50M

Fund Size

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

€150M

Lince Growth Fund I, FCR

€50M

2025

Established

2023

Established

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

2025

Lince Growth Fund I, FCR

2023

Fees & Costs

Management Fee

Best1.5%

Management Fee

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

Lince Growth Fund I, FCR

1.5%

Best

20%

Performance Fee

20%

Performance Fee

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

20%

Lince Growth Fund I, FCR

20%

Subscription Fee

Not disclosed

Subscription Fee

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

Lince Growth Fund I, FCR

Not disclosed

Redemption Fee

Not disclosed

Redemption Fee

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

Not disclosed

Lince Growth Fund I, FCR

Not disclosed

Hurdle Rate

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

Lince Growth Fund I, FCR

Liquidity & Terms

End of Term

Redemption

End of Term

Redemption

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

End of Term

Lince Growth Fund I, FCR

End of Term

48 months

Lock-up Period

96 months

Lock-up Period

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

48 months

Lince Growth Fund I, FCR

96 months

Not disclosed

Risk Band

Not disclosed

Risk Band

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

Not disclosed

Lince Growth Fund I, FCR

Not disclosed

Private Equity

Estimated Fees on €500,000 Investment

Management fees over 6 years (excludes performance fees)

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

€85,000

Lince Growth Fund I, FCR

Fees not disclosed

Cost comparison unavailable — one or more funds have not disclosed their fee structure.

Geographic Allocation

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

Portugal

60%

Spain

40%

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 (Private Equity vs Private Equity), minimum investment amounts (€100,000 vs €100,000), management fees (2% vs 1.5%), and fund managers (Fortitude Capital 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%. However, consider the total cost including performance fees: Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado charges 20% performance fee while Lince Growth Fund I, FCR charges 20%. The overall value depends on your investment goals and expected returns.

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

Both funds focus on private equity, so compare their track records, management teams, fee structures, and specific investment strategies. Consider Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado's approach managed by Fortitude Capital versus Lince Growth Fund I, FCR's strategy under Lince Capital, SCR, S.A.. Review their historical performance, redemption terms, and alignment with your investment timeline.

Redemption terms vary between funds. Fortitude Portugal Special Situations II – Fundo de Capital de Risco Fechado offers End of Term 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.