Greenpower Fund Alternatives | Portugal Golden Visa Investment Funds
Why Consider Alternatives to Greenpower Fund?
Investors exploring alternatives to Greenpower Fund (Private Equity) may be looking for a more competitive fee structure. Below are 6 funds with comparable strategies and Golden Visa eligibility that you can evaluate side-by-side.
All alternatives are selected based on category, investment strategy, and structural similarity. Golden Visa eligibility must be confirmed with Portuguese legal counsel for any specific fund.
Quick Comparison: Greenpower Fund vs Alternatives
| Fund | Min. Investment | Mgmt Fee | Target Return | Term | Category |
|---|---|---|---|---|---|
| Greenpower FundSource | €100,000 | 2.00% | 10–15% p.a. | 6 years | Private Equity |
| New Frontiers Energy Fund II | €100,000 | 1.50% | 10–12% p.a. | 7 years | Private Equity |
| Greytech III Fund | €100,000 | 1.75% | 8–15% p.a. | 10 years | Private Equity |
| Quadrantis Private Equity Credits & Bonds Fund – Subfund B | €100,000 | 1.50% | 10% p.a. | 5 years | Private Equity |
| QUADRANTIS PRIVATE EQUITY II | €100,000 | 1.50% | 6.5–10% p.a. | 10 years | Private Equity |
| Flex Space Fund | €100,000 | 1.50% | 11.65% p.a. | 8 years | Private Equity |
| Lince Growth Fund I, FCR | €100,000 | 1.50% | 15–20% p.a. | 8 years | Private Equity |
New Frontiers Energy Fund is a CMVM regulated Portuguese private equity fund designed to qualify under Portugal’s €500,000 Golden Visa investment route. Managed by the award winning fund management house FundBox, the fund combines regulatory oversight with institutional grade governance, providing international investors with a compliant and professionally structured pathway to Portuguese residency. The fund achieved its target of 10% annual returns in both 2024 and 2025, investing in early stage solar energy projects that have already received government guarantee and are listed on the official ACORDO list. By focusing on early stage renewable projects within Portugal’s expanding clean energy sector, the strategy aims to capture value at an early phase while benefiting from strong national support for solar infrastructure. The fund is supported by an expert origination team with years of sector experience, ensuring disciplined project selection and execution. To enhance flexibility for international investors, early withdrawals are available subject to fund terms, and subscriptions can be made via Jumbo structures, removing the need to open a Portuguese bank account. New Frontiers Energy Fund is designed for investors seeking Golden Visa eligibility, exposure to Portugal’s renewable energy growth, and access to a regulated, professionally managed investment platform. Non Golden Visa related investments also welcome.
€100,000
10–12% p.a.
7 years
Private Equity
New Frontiers Energy Fund
Greytech III focuses on Growth and Buyout opportunities. The targets are established Portuguese mid-market companies with solid track record of cash flow generation and EBITDA between €2M and €10M. The Fund invests in the Portuguese economy with a solid balance of growth potential and downside protection. Greytech III targets a net IRR >15%, consistent with Iberis' historical performance.
€100,000
8–15% p.a.
10 years
Private Equity
Iberis Capital
Quadrantis Private Equity Credits & Bonds Fund – Subfund B✓ VERIFIED
A CMVM-recognised private equity fund managed by Quadrantis Capital, combining private equity, credit and high-grade bond investments to target a 10% annual return and provide a Golden Visa-eligible route for investors.
€100,000
10% p.a.
5 years
Private Equity
Quadrantis Capital
QUADRANTIS PRIVATE EQUITY II✓ VERIFIED
The fund adopts a diversified and risk-focused strategy based on two core pillars: secured credit and investment-grade bonds. It finances contracts between established entities with strong guarantees and protective mechanisms, enhancing security for investors. In parallel, the fund invests in BBB to AAA-rated government and corporate bonds from Portugal and international markets, aiming to deliver stable and consistent returns while preserving capital.
€100,000
6.5–10% p.a.
10 years
Private Equity
QUADRANTIS CAPITAL
A CMVM-regulated, SFDR Article 8 venture capital fund managed by Insula Capital that invests in Portuguese flexible workspaces, offering Golden Visa–eligible exposure to the “future of work” with targeted dividends from year two onwards.
€100,000
11.65% p.a.
8 years
Private Equity
Insula Capital SGOIC
Lince Growth Fund I, FCR is a regulated Portuguese growth-equity fund investing in established, revenue-generating SMEs. Focused on industrial, healthcare, agri-food, and tech companies, it targets scalable businesses that need capital to modernise, expand, or internationalise. Fully compliant with Golden Visa rules, it provides exposure to Portugal’s real economy with professional, active management.
€100,000
15–20% p.a.
8 years
Private Equity
Lince Capital, SCR, S.A.
Frequently Asked Questions about Greenpower Fund Alternatives
We identified 6 funds with similar investment strategies, categories, and structural characteristics to Greenpower Fund. These alternatives are selected based on category (Private Equity), strategy overlap, and Golden Visa eligibility intent. Each fund should be evaluated independently—similarity does not mean identical risk or return profiles.
The average management fee across 6 alternatives is 1.54%, which is lower than Greenpower Fund's 2.00%. Always compare total cost including performance fees, subscription fees, and fund expenses.
6 of 6 alternatives are marketed for the Portugal Golden Visa fund route (per manager statements). However, Golden Visa eligibility must be confirmed with Portuguese legal counsel for any specific fund. The fund route commonly requires €500,000+ invested into qualifying funds.
Compare on: (1) fees and total cost structure, (2) lock-up terms and liquidity, (3) manager track record, (4) underlying strategy and diversification, (5) verification status and data transparency, and (6) Golden Visa documentation quality. Use the comparison table above to evaluate key metrics side-by-side, and request introductions to fund managers for detailed due diligence.
No. Movingto Funds provides information and introductions for Golden Visa funds and Portugal Golden Visa investment funds. We do not provide investment advice or recommend any specific fund. Always obtain independent financial advice and Portuguese legal advice before investing.
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