Roots Global

Fund comparison

Fortitude Portugal Special Situations II versus Greytech III Fund

vs
Fortitude Capital logo

Fortitude Portugal Special Situations II

Fortitude Capital

Private EquityOpen
Iberis Capital logo

Greytech III Fund

Iberis Capital

Private EquityOpen

Residency permit & citizenship vs lock-up

Fortitude Portugal Special Situations II4-year lock-upGreytech III 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

6 of 12 differ · marks a difference
Fortitude Portugal Special Situations IIGreytech III Fund
Minimum investment
€100k
€100k
Management fee p.a.
2%
1.75%
Performance fee
20%
22.5%
Hurdle rate
7%
Subscription fee
5%
Redemption fee
0%
Not disclosed
Lock-up
4 years
~10 years
Redemption
At end of term
~At end of term
Fund term
4 years
10 years
Target return
15–20%
15%+
Fund size
€150M
Inception
~Jul 24, 2025
~Jan 2025

What the fees add up to

€29k€58k€87k€116kStartY1Y2Y3Y4Y5Y6Y7Y8€105k€70k
Fortitude Portugal Special Situations IIGreytech III FundFees on €500k over 8 years — subscription + management only

Constant-balance illustration on a €500,000 Golden Visa subscription. Performance fees, redemption fees and fund-level costs are excluded — verify the full stack in each fund's prospectus.

For US investors

  • Accepted

    Unconfirmed

  • PFIC

    PFIC expected, no QEF reporting confirmed

  • QEF statements

    Not provided

  • IRA route

    Unconfirmed

  • Accepted

    Does not accept US investors

  • PFIC

    Unclear

  • QEF statements

    Unconfirmed

  • IRA route

    Unconfirmed

Research coverage

86%

data completeness

0 fund documents linked · 6 sources cited

Full profile & sources →
65%

data completeness

0 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.