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New Frontiers Energy Fund II

Open for subscriptions
Unverified

New Frontiers Energy Fund II

New Frontiers Energy Fund II is a closed-end alternative investment fund regulated by CMVM (ID: 2358) and managed by New Frontiers Energy Fund, investing in private equity with a minimum commitment of €100,000 and a 7 years lock-up period.

Regulator
CMVM (ID: 2358)
ISIN
PTFXOLIM0003
Strategy
Private Equity
Min. Investment
€100,000
Typical GV Ticket
€250,000
Fund Size
Not disclosed
Management Fee
1.5%
Performance Fee
25% (10% hurdle)
Lock-up
7 years
Redemptions
End of Term
Custodian
BNI Europa
Status
Open
GV-intended
Manager-stated GV intent
Sources vary by field; tap or focus the source icons for details.|Last updated: |Verify on CMVM registry

Fund Snapshot

Key Facts

Min Investment€100,000
RedemptionsEnd of Term
Open to USYes (fund-reported)
Lock-up7 years
Fund Size (AUM)Not disclosed

Fees

%Management Fee1.5%
%Performance Fee25%

Additional Details

NAV FrequencyMonthly
Established2023
CMVM ID2358
Notice Period45 days
Regulated ByCMVM

Compliance

CMVM #2358

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.

Investor decision panel

What to know before shortlisting this fund

Data completenessPartial (82%)
Last evidence checkJuly 11, 2026

Profile facts

  • Strategy recorded as Private Equity.
  • Status recorded as open for subscriptions.
  • Manager-reported risk band: Conservative.

Confirm before shortlisting

  • Confirm the stated 84-month lock-up against current fund documents.

Key unknowns

  • Fund size
  • Auditor

Main diligence flags

  • No major flags detected. Confirm current documents before investing.

Golden Visa note: The manager states this fund is intended for Golden Visa applicants, but this claim is not shown as independently verified here.

Historical Performance

No monthly performance data available
Monthly returns, AUM, and NAV will appear when reported.

About the Fund

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.

Regulatory Identifiers

We source from CMVM-regulated managers where applicable. Verify each fund's registration and GV suitability with counsel.

CMVM Registration2358
ISINPTFXOLIM0003

Key Terms

Minimum Investment€100,000
Fund StructurePrivate Equity
Lock-up Period7 years
DomicilePortugal
CustodianBNI Europa
AuditorNot disclosed
ISINPTFXOLIM0003
Typical Ticket€250,000
Risk BandConservative
Fund Status
Open
Inception Date2023

Information as reported by fund manager. Terms may vary by investor class.

Fees

Fee Structure

Management Fee1.5%
Performance Fee25%

10% preferred return hurdle

Subscription Fee1.25%
Redemption FeeNone

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:€1,500
Performance fee:Depends on returns
Known annual cost:€1,500
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.

Redemption Terms

Redemption Status
Locked Until Maturity
FrequencyEnd of Term
Notice Period45 days
Early Redemption FeeNone

Additional Terms

The Fund matures in November 2033, however Early Withdrawals are available to those who elect to quit the Golden Visa Programme.

Redemption terms may vary by investor class. Verify details with the fund manager.

Regulatory & Compliance

CMVM Registration2358
AuditorNot disclosed
CustodianBNI Europa
NAV FrequencyMonthly
PFIC/QEF Status
Status Unknown

Always confirm regulatory details with the fund manager and legal counsel before investing.

Fund Team

1 team member

Team members are employed by the fund manager, not Movingto. Profiles listed for directory comparison.

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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.

New Frontiers Energy Fund II

Min Investment

€100,000

Fund-stated objective

10–12% p.a.

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: 10–12% 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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Frequently Asked Questions

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, Auditor.

The listed minimum investment is €100,000. Redemption frequency is End of Term and lock-up is 7 years. Confirm final terms in the fund documents.

This profile currently has partial data completeness (82%). No major flags are currently detected.

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.

The listed fund-stated objective is 10–12% p.a.. Past performance and stated objectives are not forecasts or guarantees. Model net returns only after confirming complete fee and liquidity terms.

Compliance & Structural Details

The profile lists CMVM ID 2358. The listed custodian is BNI Europa. Investors should verify current registry status and documents before subscribing.

Management fee: 1.5%. Performance fee: 25%. Subscription fee: 1.25%. Missing fee fields should be treated as diligence gaps, not as zero-cost assumptions.

The profile marks this fund as Golden Visa intended. Fund-route evidence must still be confirmed against current law, fund documents, and the applicant's own legal file.

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