INZ Fund vs Mercúrio Fund II, FCR: Portugal Golden Visa Fund Comparison

Compare Investment Fees, Minimum Investment, and Performance Metrics

Detailed side-by-side analysis of INZ Fund (managed by STAG Fund Management) and Mercúrio Fund II, FCR (managed by Oxy Capital) Portugal Golden Visa investment funds.

Criteria	INZ Fund	Mercúrio Fund II, FCR
Verification Status	Not verified	Not verified
Fund Type	Private Equity	Private Equity & Debt
Fund Manager	STAG Fund Management	Oxy Capital
Minimum Investment	€150,000	€100,000 Best
Target Return	8% p.a. Best	0% p.a.
Established	2024	2012
Performance Fee Hurdle	6%	5%
Fund Size	50000000M EUR	0M EUR
Management Fee	1.6% Best	2%
Performance Fee	15% Best	20%
Subscription Fee	1% Best	2%
Geographic Allocation	Portugal: 70% Spain: 30%	Portugal: 80%
Redemption Frequency	End of Term	End of Term
Notice Period	None	None
Minimum Holding Period	None	120 months Best
Term	8 years	8 years
Tags	Private Equity Renewable Energy Solar Golden Visa Eligible Portugal Closed Ended Capital Preservation Energy Debt Equities Hybrid Infrastructure Small-cap < €50M Sustainability Regulated Low-risk	Golden Visa Eligible Private Equity Debt Special Situations SMEs Mid-Cap Closed Ended Long Term Portugal Equities Dividends Small-cap < €50M Mid-cap €50-100M Large-cap > €100M Hybrid Golden Visa funds for Canadian citizens Golden Visa funds for UK citizens Golden Visa funds for U.S. citizens Golden Visa funds for Australian citizens Golden Visa funds for Chinese citizens Equity
Data Last Verified	November 15, 2025 Very Fresh	November 15, 2025 Very Fresh

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Frequently Asked Questions: INZ Fund vs Mercúrio Fund II, FCR

What are the key differences between INZ Fund and Mercúrio Fund II, FCR?

The main differences include investment focus (Private Equity vs Private Equity & Debt), minimum investment amounts (€150,000 vs €100,000), management fees (1.6% vs 2%), and fund managers (STAG Fund Management vs Oxy Capital). Each fund has different risk profiles and return targets suited to different investor preferences.

Which fund has lower fees: INZ Fund or Mercúrio Fund II, FCR?

INZ Fund has the lower management fee at 1.6% compared to 2%. However, consider the total cost including performance fees: INZ Fund charges 15% performance fee while Mercúrio Fund II, FCR charges 20%. The overall value depends on your investment goals and expected returns.

What is the minimum investment required for each fund?

INZ Fund requires a minimum investment of €150,000, while Mercúrio Fund II, 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.

Are both funds eligible for Portugal Golden Visa?

Yes, both INZ Fund and Mercúrio Fund II, FCR are eligible for the Portugal Golden Visa program as they meet the minimum €500,000 investment requirement and are properly regulated investment funds. Investing in either fund can help you qualify for Portuguese residency through the Golden Visa route.

Should I choose a private equity fund or a private equity & debt fund?

The choice between private equity (INZ Fund) and private equity & debt (Mercúrio Fund II, FCR) depends on your risk tolerance and investment goals. Private equity investments typically offer different risk-return profiles compared to private equity & debt. Consider your portfolio diversification needs and long-term investment strategy.

How often can I redeem from these funds?

Redemption terms vary between funds. INZ Fund offers End of Term redemptions, while Mercúrio Fund II, 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.

How is the data in this comparison verified?

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.