Greytech III Fund is a closed-end alternative investment fund regulated by CMVM (ID: 2267) and managed by Iberis Capital, investing in private equity with a minimum commitment of €100,000 and a 10 years lock-up period. It charges a 1.75% management fee and a 20% performance fee with a 8% hurdle, is open for subscriptions and reports accepting US persons.
Sources vary by field; tap or focus the source icons for details.|Last updated: |Verify on CMVM registry
Fund Snapshot
Key Facts
Key facts for Greytech III Fund
Min Investment
€100,000
Open to US
Yes (fund-reported)
Lock-up
10 years
Fund Size (AUM)
Not disclosed
Fees
Fees for Greytech III Fund
Management Fee
1.75%
Performance Fee
20%
Additional Details
Additional details for Greytech III Fund
NAV Frequency
Every 6 months
Established
2025
CMVM ID
2267
Regulated By
CMVM
Compliance
CMVM #2267
GV-intended (manager-stated)
Figures are reported by the fund manager. Verified by Movingto.
Capital at risk. Past performance isn't indicative of future returns. Figures are shown in euro (EUR); fees reduce returns, and for investors funding from another currency amounts may rise or fall with exchange rates. This is not investment advice.
About €67,500 in reported fund fees over 6 years on €500,000
Fees this fund has not reported are not included.
Management fee1.75% a year × 6 years
€52,500
Subscription fee3% once, when you invest
€15,000
Redemption feeNot reported by the fund
Not reported
Performance fee20% of gains above a 8% hurdle. Left out: it depends on returns
Left out
Total of the reported fees above
€67,500
Not in the total because the fund has not reported it: redemption fee.
Fees are fund-reported and simplified: actual fee bases, hurdles and timing vary by fund. This is an illustration, not a quote or a forecast. It leaves out legal, application, tax, FX and bank costs. Capital is at risk.
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Verification & Completeness
Movingto's legal review confirms selected regulatory, identity, and document checks. It does not mean every profile field is complete, current, or an investment recommendation. Learn about our 8-point fund verification process
Confirm the stated 120-month lock-up against current fund documents.
Key unknowns
Fund size
Redemptions
Main diligence flags
Verified profile has unresolved fields: Fund size, Redemptions.
Golden Visa note: The fund is marked as Golden Visa intended and has passed Movingto verification. Eligibility still depends on the applicant file and current legal review.
Historical Performance
No monthly performance data available
Monthly returns, AUM, and NAV will appear when reported.
About the Fund
Greytech III focuses on Buyout opportunities in Portugal. 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.
Regulatory Identifiers
We source from CMVM-regulated managers where applicable. Verify each fund's registration and GV suitability with counsel.
Regulatory identifiers
CMVM Registration
2267
ISIN
PTICRDIM0002
Fund Documents
Provided by the fund manager. Review the fund's official documents before subscribing; Movingto has not independently verified their contents.
Figures are reported by the fund manager. Verified by Movingto. Terms may vary by investor class.
Fees
Fee Structure
Management Fee1.75%
Performance Fee20%
8% preferred return hurdle
Subscription Fee3%
Fee Calculator
EUR
Incomplete estimate: Performance fee depends on actual returns above any hurdle and is not included in the annual cost estimate.
Annual management fee:€1,750
Performance fee:Depends on returns
Known annual cost:€1,750
Performance fees depend on actual returns above any hurdle. Missing fee disclosures are diligence gaps, not zero-cost assumptions. The annual management fee recurs every year and compounds to reduce your total return over the holding period; performance fees, when charged, reduce returns further — see the investment calculator on this page for the cumulative impact. Amounts are shown in EUR; if you fund from another currency, what you pay may rise or fall with exchange rates.
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Disclaimer: Your enquiry goes to Movingto. Movingto does not provide investment advice or introduce visitors directly to fund managers from this site. 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.
Important Notice for Investors
You invest in units or shares of the fund, not directly in its underlying assets. Investment in funds involves risks, including the possible loss of principal. Where a fund is described as sustainable, ESG, or impact-oriented, those characteristics reflect the fund's own disclosures — check the fund's documents and any SFDR classification; a sustainability label does not by itself determine return or risk. Please read all fund documentation carefully before making any investment decisions. Past performance is not indicative of future results.
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.
Investment Calculator
Project potential returns based on your investment parameters
Display returns after disclosed management and performance fees
€
Fund minimum: €100,000
Typical holding period
%
Fund target: 8–15% p.a.
Investment Risk Disclosure: The figures shown are an illustration, not a forecast. They are an estimate of future performance based on your own assumptions and on how this type of investment has behaved and/or on current market conditions, and are not an exact indicator — what you actually get will vary with market performance and how long you stay invested. This investment may result in a financial loss, as there is no capital guarantee. Past performance does not guarantee future results. Any future return is also subject to taxation, which depends on your personal situation and may change. Figures are shown in euro (EUR); if you fund from another currency, the amounts you pay and receive may rise or fall with exchange-rate movements. Confirm details against the fund's own documents and a qualified financial adviser before making any investment decision.
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Verify current subscription documents, fee schedule, liquidity terms, tax treatment, custodian/auditor evidence, and fund-route evidence with Portuguese legal counsel. Current key unknowns: Fund size, Redemptions.
This profile currently has partial data completeness (82%). Verified profile has unresolved fields: Fund size, Redemptions.
No. Verification means selected regulatory, identity, and document checks have been reviewed. It is not financial advice, a suitability assessment, or a guarantee of a Golden Visa outcome or investment performance.
Compliance & Structural Details
The listed minimum investment is €100,000. Redemption frequency is not disclosed and lock-up is 10 years. Confirm final terms in the fund documents.
Management fee: 1.75%. Performance fee: 20%. Subscription fee: 3%. Missing fee fields should be treated as diligence gaps, not as zero-cost assumptions.
The listed fund-stated objective is 8–15% p.a.. Stated objectives are set by the fund and are not forecasts or guarantees. Past performance does not indicate future results and capital is at risk.
The profile lists CMVM ID 2267. The listed custodian is Banco Carregosa. Registration is a securities-regulation status, not a quality or Golden Visa signal — verify current registry status and documents before subscribing.
The profile marks this fund as Golden Visa intended by its manager. Fund-route evidence must still be confirmed against current law, fund documents, and the applicant's own legal file — eligibility is assessed per application, not guaranteed by the fund.
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