This website provides information for general purposes only.Read our full disclaimer
Movingto Logo

PEEIF II – Portuguese Energy E...

Open for subscriptions
Unverified

PEEIF II – Portuguese Energy Efficiency Investment Fund II

PEEIF II – Portuguese Energy Efficiency Investment Fund II is a closed-end alternative investment fund regulated by CMVM (ID: PEEIF II) and managed by Quadrantis Capital, investing in venture capital with a minimum commitment of €200,000.

Regulator
CMVM (ID: PEEIF II)
ISIN
PTQUAWIM0006
Strategy
Venture Capital
Min. Investment
€200,000
Typical GV Ticket
€200,000
Management Fee
2.5%
Performance Fee
30% (6% hurdle)
Redemptions
Quarterly
Custodian
Bison Bank
Auditor
Kreston & Associados, SROC LDA
Status
Open
GV-intended
No
Source: Manager-reported dataLast updated: Verify on CMVM registry

Fund Snapshot

Key Facts

Min Investment€200,000
RedemptionsQuarterly
Open to USYes
Lock-up120 months
Fund Size (AUM)€25

Fees

Management Fee
2.5%
Performance Fee
30%

Additional Details

NAV FrequencyBiannually
Established2024
CMVM IDPEEIF II
Regulated ByCMVM

Compliance

CMVM #PEEIF II

Capital at risk. Past performance isn't indicative of future returns. This is not investment advice.

Historical Performance

No performance data available
Performance metrics will appear when data is provided

Fund Overview

About the Fund

PEEIF II is a closed-ended venture capital fund focused on financing Portugal’s energy transition through renewable energy production, industrial energy efficiency projects, and clean-technology infrastructure. Managed by Quadrantis Capital and regulated by the CMVM, the fund is structured to qualify under Portugal’s investment fund framework for the Golden Visa program after 2023, with no direct or indirect real estate exposure.

PEEIF II is a closed-ended venture capital fund designed to channel private capital into Portugal’s energy transition and real-economy decarbonisation efforts. Managed by Quadrantis Capital – Sociedade de Capital de Risco, S.A., the fund succeeds the original PEEIF strategy and targets investors seeking Golden Visa eligibility through a regulated investment fund rather than direct real estate exposure. The fund’s investment mandate centres on asset-backed energy transition projects, including renewable energy generation (solar photovoltaic and wind), industrial energy efficiency retrofits, and selected clean-technology and energy-transition infrastructure initiatives. Investments are usually made through special purpose vehicles (SPVs) that own and manage the assets, which helps protect against liabilities and allows for organised exits. The strategy prioritises tangible infrastructure and operating companies rather than speculative technological ventures. PEEIF II is structured with a long-term investment horizon, reflecting the lifecycle of energy infrastructure assets. It aims for a mix of steady income and increased value, backed by agreements like power purchase contracts, energy savings deals, and cash flows from efficiency improvements. The fund includes a clear way for investors to get their money back after three years, if there is enough money available, while still being set up as a closed-ended fund that matches the timelines for developing infrastructure. From a regulatory and immigration perspective, the fund is positioned to comply with Portugal’s post-2023 Golden Visa rules because it invests in the capitalisation of companies operating in the energy sector rather than in real estate assets. With its strong domestic focus, regulated governance framework, and emphasis on energy efficiency and renewable infrastructure, PEEIF II offers Golden Visa applicants an asset-backed alternative to traditional property-linked investments.

Regulatory Identifiers

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

CMVM RegistrationPEEIF II
ISIN
PTQUAWIM0006

Key Terms

Key Terms

Minimum Investment
€200,000
Fund Structure
Venture Capital
Fund Term
10 years
Domicile
Portugal
Custodian
Bison Bank
Auditor
Kreston & Associados, SROC LDA
ISIN
PTQUAWIM0006
Typical Ticket
€200,000
Risk Band
Balanced
Fund Status
Open
Inception Date
2024

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

Financial Details

Fees

Fee Structure

Management Fee2.5%
Performance Fee30%
6% preferred return hurdle
Subscription Fee3%

Fee Calculator

Management fee:€5,000
Performance fee*:€60,000
Estimated annual cost:€65,000
*Performance fee only applies if returns exceed 6% hurdle

Geographic Allocation

Portugal60%

Redemption Terms

Redemption Status
Open
FrequencyQuarterly
Early Redemption FeeNone

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

Fund Structure

Regulatory & Compliance

CMVM RegistrationPEEIF II
AuditorKreston & Associados, SROC LDA
CustodianBison Bank
NAV FrequencyBiannually
PFIC/QEF Status
QEF Available

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

Team Information

Fund Team

1 team member

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

Kristina Lapshina profile picture
Business Development Director

I specialize in cultivating strategic, long-term partnerships with a focus on Portuguese Golden Visa investments and portfolio diversification. My...

Follow Us

Enquire About PEEIF II – Portuguese Energy Efficiency Investment Fund II

Speak with a MovingTo advisor about this fund. Our team will review your enquiry and 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.

Important Notice for Investors

Investment in funds involves risks, including the possible loss of principal. Please read all fund documentation carefully before making any investment decisions. Past performance is not indicative of future results.

Investment Calculator

Project potential returns based on your investment parameters

Display returns after management and performance fees

Fund minimum: €200,000

Typical holding period

%

Fund target: 6–8% p.a.

Investment Risk Disclosure: These projections are for illustrative purposes only and do not guarantee future performance. Past performance is not indicative of future results. All investments carry risk, including potential loss of principal. Consult with a qualified financial advisor before making investment decisions.

More Venture Capital Funds

Similar Investment Range

Alternative Fund Suggestions

If this fund is full or doesn't meet your requirements, here are similar options with comparable risk profiles and investment strategies.

BlueWater Capital Fund

Open

A closed-end venture capital sub-fund of the Global Insight Fund focused on sustainable investments in marine economy, water management, renewable energy, digitalisation, recycling, mobility, and health-related innovation, with mandatory allocation to Portuguese companies.

Minimum€50,000
Target ReturnSee prospectus
Duration7 years
CategoryVenture Capital
Insight Venture - Sociedade de Capital de Risco, S.A. logoManaged by Insight Venture - Sociedade de Capital de Risco, S.A.

Digital Insight Fund

Open

A closed-end venture capital fund focusing on digital economy and technology-driven businesses with high scalability potential, particularly in Portugal.

Minimum€100,000
Target ReturnSee prospectus
Duration8 years
CategoryVenture Capital
Insight Venture - Sociedade de Capital de Risco, S.A. logoManaged by Insight Venture - Sociedade de Capital de Risco, S.A.

Ventures.eu Fund I

Open

A CMVM-regulated, VC fund with privileged access to the best European high-growth startups and corporates. Offers an option to qualify for IFICI tax regime (NHR 2.0).

Minimum€150,000
Target Return20% p.a.
Duration8 years
CategoryVenture Capital
Ventures.EU, SCR, SA logoManaged by Ventures.EU, SCR, SA

Frequently Asked Questions

Portuguese regulation requires Golden Visas; eligible funds qualify as venture capital vehicles when capitalising operating companies. The structure enables direct investment in project SPVs while remaining compliant with immigration and securities laws.

During early phases, capital is deployed into development-stage SPVs and efficiency contracts. Income ramps up progressively as projects reach construction completion and begin producing energy or generating measurable cost savings.

Energy efficiency investments monetise energy savings rather than energy production. Returns are linked to reduced consumption in industrial or commercial facilities, creating more predictable, contract-based cash flows with lower exposure to electricity price volatility.

The strategy targets a hybrid profile: capital preservation through asset-backed infrastructure and contracted revenues, combined with growth potential from project scale-up and eventual exits.

Exposure depends on project structure. Generation assets may rely on power purchase agreements (PPAs) or fixed-price contracts to reduce spot-market risk, while efficiency projects are largely insulated from wholesale electricity pricing.

Each project is typically held in a dedicated SPV, isolating financial and operational risk. If one project underperforms, liabilities are ring-fenced and do not affect the rest of the portfolio.

Energy infrastructure assets require time to develop, stabilise, and mature. A 10-year horizon aligns with construction cycles, contract durations, and optimal exit timing for institutional buyers.

The buyback is a structured liquidity mechanism, not a guaranteed redemption. Its availability depends on cash flows, refinancing conditions, and SPV liquidity at the time and should be viewed as optional rather than assured.

PEEIF II is diversified across renewable generation, energy efficiency, and cleantech infrastructure. This reduces reliance on a single revenue driver and smooths returns across different phases of the energy transition.

Portugal’s national energy and climate plans create legally binding demands for renewable capacity and efficiency upgrades, providing a policy-backed framework that supports long-term asset utilisation.

It suits investors, prioritising Golden Visa compliance, real-economy exposure, and long-term income over short-term liquidity or public-market volatility.

PEEIF II gives you direct access to physical infrastructure and operating companies, while liquid funds invest in listed securities, which means you might trade some quick access to cash for returns that could be more stable

Compliance & Structural Details

Yes, it is registered under CMVM ID PEEIF II. The custodian is Bison Bank.

Management Fee: 2.5%. Performance Fee: 30%. Subscription Fee: 3%.

Before you wire EUR 500,000

One wrong fund choice costs you years and capital. Our lawyers check for free.

Hidden fees, liquidity traps, undisclosed conflicts — a 30-minute call with our legal team catches what marketing materials won't tell you.

Get a Free Legal Review

400+ successful cases — 100% approval rate

    We use cookies to enhance your experience

    We use cookies to analyze site traffic and improve our services. Read our Cookie Policy for more information.