EQTY Capital Fund
Fully subscribed EQTY real-estate-anchored portfolio fund; the manager confirmed it no longer qualifies for the Golden Visa.
Managed by EQTY Capital · Amoreiras Torre 2, 4th Floor, Office 7, Av. Eng. Duarte Pacheco, 1070-102 Lisbon, Portugal
Key facts
- Fund status
- Fully subscribed
- Redemption
- ~At end of term3
- NAV frequency
- —
- Performance fee
- —
- Hurdle rate
- —
- Subscription fee
- —
- Redemption fee
- —
- Fund size
- —
- Target size
- —
- Inception
- —
- Fund term
- 8 years1
- Distribution
- —
- CMVM ID
- 16813
- ISIN
- —
- Legal structure
- Closed-end venture capital fund (Fundo de Capital de Risco, FCR)3
- Domicile
- Portugal3
- Custodian
- —
- Auditor
- —
For US investors
- US investors accepted
- —
- PFIC status
- —
- Annual QEF statements
- —
- IRA / 401(k) route
- —
No public information on US investor acceptance. As a non-US pooled fund it would be expected to be a PFIC for US taxpayers; no QEF information published. The fund is closed to new subscriptions, so this is largely moot for new investors.
Fees & costs
Performance
No audited performance data is publicly available for this fund yet. We only show returns we can trace to fund reporting — never marketing projections presented as track record.
Documents
- Open
EQTY Capital — manager website ('Previous Golden Visa Funds — Fully Subscribed')
Manager website · EN · accessed Jul 7, 2026
Data transparency
Researched Jul 7, 2026 · every fact carries its source
Still researching
- Management fee
- Performance fee
- Lock-up period
- US investor acceptance
- ISIN
- Fund size
- Target fund size
- Inception date
- NAV frequency
- Hurdle rate
- Subscription fee
- Redemption fee
- Custodian
- Auditor
- Target return
- Distribution policy
- PFIC status
- QEF reporting
- IRA/401(k) eligibility
- Portfolio allocation
Sources
- 1EQTY Capital Fund — Nomad Gate profile — Nomad Gate (aggregator), accessed Jul 7, 2026
- 2EQTY Capital homepage — funds and partner developers — EQTY Capital (manager), accessed Jul 7, 2026
- 3LEI record: Eqty Capital Fund I - FCR (LEI 254900W9DUC8RHBNHD35) — GLEIF (regulator), accessed Jul 7, 2026
Research summary
Compiled from the sources cited on this page — a factual summary, not a recommendation or rating.
The EQTY Capital Fund (Eqty Capital Fund I - FCR) was a diversified real-estate-anchored vehicle: it bulk-bought selected residential units off-plan from leading Portuguese developers — EQTY's partner roster includes Solyd, Stone Capital, VIC Properties and Libertas — and combined them with retail, commercial and education assets plus a sleeve of venture exposure alongside a sovereign-wealth-backed European fund. Under the pre-October 2023 regime this qualified for the Golden Visa at a lower ticket than direct property purchase, which was its core pitch.
The fund is now fully subscribed (subscriptions ended February 2024 per Nomad Gate) and, importantly, a fund representative confirmed to Nomad Gate that it no longer qualifies for the Golden Visa under the post-2023 rules, which exclude funds with direct or indirect real-estate exposure — EQTY's own site now files it under 'Previous Golden Visa Funds' and markets a successor ('Global Growth II') for residency purposes. CMVM-registered as no. 1681 per its LEI record; no fees, size or performance were published. Retained in the database for reference only — do not market for Golden Visa purposes.
Suited for
- ·Reference only — fully subscribed and confirmed non-qualifying for new Golden Visa applications
- ·Existing investors or advisers reviewing EQTY Capital's track record before considering its successor funds
Risk factors
- ·Direct residential and commercial real-estate exposure — excluded from the current Golden Visa fund route
- ·Development/off-plan acquisition risk tied to Portuguese residential developers
- ·Closed-end 8-year structure with no published interim liquidity
- ·No public fees, fund size, NAV or performance disclosure
Listed for completeness, drawn from fund materials and public sources — not an assessment. How much weight any factor deserves depends on your own situation and risk appetite.
Tom Brooks
Founding Partner & CEO
Talk through EQTY Capital Fund and how it fits your Golden Visa plan — independent guidance, no obligation.
Book a free consultationor email hello@rootsglobal.com
