Roots Global

Fund comparison

First Pharma Fund versus Growth Blue Fund

vs
STAG Fund Management logo

First Pharma Fund

STAG Fund Management

Private EquityOpen
Growth Partners Capital logo

Growth Blue Fund

Growth Partners Capital

Private EquityOpen

Residency permit & citizenship vs lock-up

First Pharma Fund8-year lock-upGrowth Blue Fund10-year lock-up~Year 6: typical naturalization decision

Golden Visa applicants must keep the qualifying €500,000 invested while the residency is active; naturalization timelines vary by case. Not legal advice.

Key facts, side by side

4 of 12 differ · marks a difference
First Pharma FundGrowth Blue Fund
Minimum investment
€100k
€50k
Management fee p.a.
2%
Performance fee
20%
Hurdle rate
20%
Subscription fee
0%
Redemption fee
Not disclosed
Lock-up
~8 years
10 years
Redemption
At end of term
At end of term
Fund term
8 years
10 years
Target return
~6.5%+
20%+
Fund size
€16M
Inception
~Jan 2024

What the fees add up to

At least one of these funds has not published its management fee, so a like-for-like cost projection would be guesswork — we don't draw charts from missing data.

For US investors

  • Accepted

    Unconfirmed

  • PFIC

    PFIC expected, no QEF reporting confirmed

  • QEF statements

    Unconfirmed

  • IRA route

    Unconfirmed

  • Accepted

    Does not accept US investors

  • PFIC

    Unclear

  • QEF statements

    Unconfirmed

  • IRA route

    Unconfirmed

Research coverage

58%

data completeness

0 fund documents linked · 5 sources cited

Full profile & sources →
76%

data completeness

3 fund documents linked · 6 sources cited

Full profile & sources →

This comparison restates researched data side by side — it is not a recommendation of either fund. Facts marked with a dash or "not disclosed" were not published; how much weight any difference deserves depends on your situation.