Roots Global

Fund comparison

Magnify CERES II versus Portugal Investment 1 (Saratoga POR 1)

vs
Magnify Capital Partners logo

Magnify CERES II

Magnify Capital Partners

Private EquityOpen
Saratoga Capital logo

Portugal Investment 1 (Saratoga POR 1)

Saratoga Capital

Private EquityOpen

Residency permit & citizenship vs lock-up

Magnify CERES II5-year lock-upPortugal Investment 1 (Saratoga POR 1)6-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

8 of 12 differ · marks a difference
Magnify CERES IIPortugal Investment 1 (Saratoga POR 1)
Minimum investment
€100k
€150k
Management fee p.a.
2.5%
1.5%
Performance fee
40%
20%
Hurdle rate
8%
5%
Subscription fee
0%
0%
Redemption fee
~0%
5%
Lock-up
5 years
6 years
Redemption
At end of term
Annual
Fund term
12 years
Not disclosed
Target return
Not disclosed
8–11%
Fund size
Inception
May 20, 2024
~Jan 2021

What the fees add up to

€28k€55k€83k€110kStartY1Y2Y3Y4Y5Y6Y7Y8€100k€60k
Magnify CERES IIPortugal Investment 1 (Saratoga POR 1)Fees 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

    Accepts US investors

  • PFIC

    PFIC expected, no QEF reporting confirmed

  • QEF statements

    Unconfirmed

  • IRA route

    Unconfirmed

  • Accepted

    Accepts US investors

  • PFIC

    PFIC expected, no QEF reporting confirmed

  • QEF statements

    Unconfirmed

  • IRA route

    Unconfirmed

Research coverage

85%

data completeness

4 fund documents linked · 7 sources cited

Full profile & sources →
88%

data completeness

0 fund documents linked · 5 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.