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PEEIF III - Portuguese Energy Efficiency Investment Fund III Alternatives | Portugal Golden Visa Investment Funds

Why Consider Alternatives to PEEIF III - Portuguese Energy Efficiency Investment Fund III?

Investors exploring alternatives to PEEIF III - Portuguese Energy Efficiency Investment Fund III (Clean Energy) 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: PEEIF III - Portuguese Energy Efficiency Investment Fund III vs Alternatives

FundMin. InvestmentMgmt FeeTarget ReturnTermCategory
PEEIF III - Portuguese Energy Efficiency Investment Fund IIISource€100,0002.50%8–10% p.a.10 yearsClean Energy
QUADRANTIS PRIVATE EQUITY II€100,0001.50%6.5–10% p.a.10 yearsPrivate Equity
PEEIF II – Portuguese Energy Efficiency Investment Fund II€200,0002.50%6–8% p.a.10 yearsVenture Capital
Quadrantis Private Equity Credits & Bonds Fund – Subfund B€100,0001.50%10% p.a.5 yearsPrivate Equity
Solar Future Fund€250,0002.00%12% p.a.5 yearsClean Energy
Greytech III Fund€100,0001.75%8–15% p.a.10 yearsPrivate Equity
BlueWater Capital Fund€50,0002.50%Not disclosed7 yearsVenture Capital

QUADRANTIS PRIVATE EQUITY II✓ VERIFIED

Open

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.

Minimum Investment:

€100,000

Return Target:

6.5–10% p.a.

Term:

10 years

Category:

Private Equity

Manager:

QUADRANTIS CAPITAL

PEEIF II – Portuguese Energy Efficiency Investment Fund II✓ VERIFIED

Open

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.

Minimum Investment:

€200,000

Return Target:

6–8% p.a.

Term:

10 years

Category:

Venture Capital

Manager:

Quadrantis Capital

Quadrantis Private Equity Credits & Bonds Fund – Subfund B✓ VERIFIED

Open

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.

Minimum Investment:

€100,000

Return Target:

10% p.a.

Term:

5 years

Category:

Private Equity

Manager:

Quadrantis Capital

Solar Future Fund

Open

Portugal Golden Visa–eligible climate fund investing in solar energy-as-a-service projects and battery storage, with expedited onboarding support and community integration, managed under CMVM regulation.

Minimum Investment:

€250,000

Return Target:

12% p.a.

Term:

5 years

Category:

Clean Energy

Manager:

Tejo Ventures

Greytech III Fund

Open

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.

Minimum Investment:

€100,000

Return Target:

8–15% p.a.

Term:

10 years

Category:

Private Equity

Manager:

Iberis Capital

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 Investment:

€50,000

Return Target:

Not disclosed

Term:

7 years

Category:

Venture Capital

Manager:

Insight Venture - Sociedade de Capital de Risco, S.A.

Frequently Asked Questions about PEEIF III - Portuguese Energy Efficiency Investment Fund III Alternatives

We identified 6 funds with similar investment strategies, categories, and structural characteristics to PEEIF III - Portuguese Energy Efficiency Investment Fund III. These alternatives are selected based on category (Clean Energy), 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 1.96%, which is lower than PEEIF III - Portuguese Energy Efficiency Investment Fund III's 2.50%. 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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