Lince Capital
Operated by Lince Capital, SCR, S.A.
Lince Capital SCR is a Lisbon-based private equity and venture capital manager operating under a CMVM-regulated Sociedade de Capital de Risco licence. Part of the Lince Group’s 40-year investment heritage, the firm combines private equity, venture capital, and real-estate expertise to support high-potential projects across Portugal.
About Lince Capital, SCR, S.A.
Lince Capital SCR is a regulated private equity and venture capital manager headquartered in Lisbon, operating under a Sociedade de Capital de Risco (SCR) licence and supervised by the CMVM. The firm forms part of the Lince Group, a family-owned business group with more than four decades of investment activity across Portugal. This background shapes the company’s philosophy: long-term value creation, strong governance, and responsible capital allocation.
Open Opportunities
Currently accepting new investments
Lince Yield Fund, FCR
Lince Yield Fund, FCR is a regulated Portuguese private credit and income-focused fund targeting a 5% annual yield. It finances mature, financially sound SMEs through secured and mezzanine debt, prioritising capital preservation and stable distributions. Built for risk-averse Golden Visa investors, it combines defensive credit strategies with the safeguards of a CMVM-supervised FCR.
Lince Growth Fund I, FCR
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.
Key Highlights
Independent Private Equity Manager
Lince Capital operates as an independent Portuguese private equity firm, focused on disciplined capital deployment and long-term value creation.
Multi-Sector Investment Expertise
The firm manages strategies spanning tourism, real estate, manufacturing, hospitality, energy, and national development sectors.
Strong Focus on the Portuguese Market
Lince Capital invests directly in projects that stimulate economic activity and enhance Portugal’s medium- and long-term growth.
Proven Strength in Asset Transformation
The team has a track record of revitalising underperforming or underdeveloped assets and repositioning them as productive, stable investments.
Active, Hands-On Investment Approach
Lince Capital works closely with portfolio companies, providing strategic oversight, operational support, and governance alignment.
Experienced and Multidisciplinary Team
Led by Frederico Roquette, the firm brings together professionals with backgrounds in finance, economics, asset management, real estate, and corporate leadership.
Transparent Reporting and Governance
Lince Capital emphasises strong compliance, robust risk management, and consistent investor communication across all managed vehicles.
Thematically Structured Investment Vehicles
Its funds follow clearly defined investment themes—from tourism and industrial revitalisation to specialised real estate development.
Team
Vasco Pereira Coutinho is the CEO of Lince Capital and a driving force behind the firm’s growth across private equity, venture capital, and real...
Afonso Castel-Branco Próspero leads the Legal and Compliance Department at Lince Capital and serves as a board member, overseeing the regulatory...
Raquel Costa leads the Finance Department at Lince Capital, overseeing financial reporting, fund operations, budgeting, and performance control...
Rodrigo Duarte serves as a Board Member at Lince Capital and was previously the firm’s Head of Operations, overseeing fund execution, investment...
Tomás Lavin Peixe is a Partner at Lince Capital, where he plays a central role in shaping the firm’s venture capital strategy and scaling its...
Guilherme Durão Barroso leads Business Development at Lince Capital, driving strategic partnerships, commercial growth, and investor engagement...
Lourenço Mayer leads the Growth Funds division at Lince Capital, overseeing strategy, portfolio development and value-creation initiatives across the...
Frequently Asked Questions
Lince Capital focuses on Portuguese SMEs with clear growth potential or strong asset-backed fundamentals. Its strategies cover tourism, real estate, manufacturing, industrial operations, circular-economy businesses, and national development sectors where capital can create measurable long-term value.
The firm uses a fundamentals-first approach, supported by deep sector research, financial modelling, risk assessment, and on-site due diligence. Each project is evaluated for economic relevance, sustainability, scalability, and alignment with the fund’s defined investment thesis.
Yes. Selected funds — such as the Lince Yield Fund (FCR) and Lince Growth Fund I (FCR) — are structured to meet the criteria for subscribing to the Golden Visa fund. Investors should confirm eligibility directly with Lince Capital or through a licensed adviser prior to subscribing.
The firm combines 40 years of Lince Group investment heritage with hands-on operational support, transparent governance, and a multi-sector investment framework. Its team specialises in transforming underdeveloped assets and scaling growing SMEs through active, long-term engagement.
Both currently available vehicles have a minimum subscription of €100,000. The exact amount may differ across future funds, depending on strategy, structure, and regulatory requirements.
Risk is addressed through diversified exposure, conservative structuring, strong collateral (for debt instruments), governance oversight, continuous portfolio monitoring, and disciplined exit planning. CMVM supervision reinforces compliance and operational integrity.
Investment decisions are led by Managing Partner Frederico Roquette and the senior investment team. Their backgrounds span private equity, real estate, industrial management, and financial analysis, providing a balanced and multidisciplinary decision-making structure.
Investors receive periodic fund reports with financials, portfolio progress, valuations, and material updates. Lince Capital prioritises clear communication and provides additional updates during key investment events, audits, or regulatory reporting cycles.
Contact & Regulatory Information
Contact Details
Regulatory Information
Enquire About Lince Capital
Speak with a MovingTo advisor about Lince Capital's funds. Our team will get back to you.
Disclaimer: This enquiry does not constitute investment advice or a commitment to invest. All investments carry risk. Past performance does not guarantee future results.