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Gaia Investment Fund

Insula Capital-managed agricultural fund built on Portuguese wine and cork — no longer publicly marketed; terms and status unverifiable.

Managed by Insula Capital · Avenida da Liberdade 190, 3A, 1250-147 Lisbon, Portugal

Key facts

Minimum investment
Management fee p.a.
Lock-up
Target return
Fund status
Redemption
NAV frequency
Performance fee
Hurdle rate
Subscription fee
Redemption fee
Fund size
Target size
Inception
Fund term
Distribution
CMVM ID
ISIN
Legal structure
Domicile
Portugal1
Custodian
Auditor

For US investors

US investors accepted
PFIC status
Annual QEF statements
IRA / 401(k) route

No public information on US investor acceptance or PFIC/QEF reporting.

Fees & costs

Management fee p.a.
Performance fee
Hurdle rate
Subscription fee
Redemption fee

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

  • Insula Capital — current website (no fund list published)

    Manager website · EN · accessed Jul 7, 2026

    Open

Data transparency

Researched Jul 7, 2026 · every fact carries its source

6%
data completeness

Still researching

  • Minimum investment
  • Management fee
  • Performance fee
  • Lock-up period
  • Redemption frequency
  • CMVM registration
  • US investor acceptance
  • Golden Visa eligibility
  • ISIN
  • Legal structure
  • Fund size
  • Target fund size
  • Inception date
  • Fund term
  • NAV frequency
  • Hurdle rate
  • Subscription fee
  • Redemption fee
  • Custodian
  • Auditor
  • Target return
  • Distribution policy
  • PFIC status
  • QEF reporting
  • IRA/401(k) eligibility
  • Portfolio allocation

Research summary

Compiled from the sources cited on this page — a factual summary, not a recommendation or rating.

The Gaia Investment Fund was marketed around 2021-2022 as a fully agricultural route to the Portugal Golden Visa: a portfolio of existing vineyards, wine production and cork forestry managed by Insula Capital, the Lisbon SGOIC that also runs the Flex Space Fund. Its pitch combined cork's stable cash flows (Portugal is the world leader in planted cork area and exports) with wine's upside and the licensing moat around new vineyard planting, plus a hospitality layer.

Today the fund has effectively vanished from public view. Insula Capital's website has been rebuilt (insulacapital.pt now redirects to a minimal insula.capital landing page with no fund list), the Nomad Gate webinar page survives only in the Wayback Machine, the blog article profiling the fund is gone, and d7visa's fund table — the seed source, which listed a €150,000 minimum — has been rewritten without it. No subscription status, terms or registry data could be verified, so the fund's status is recorded as unknown; it is plausibly closed or fully wound into the manager's private client base.

Vineyard and forest land ownership would also face indirect-real-estate scrutiny under the post-October 2023 Golden Visa rules. Anyone holding units or considering the strategy should contact Insula Capital directly; nothing in this profile is verifiable beyond the archived marketing material.

Suited for

  • ·Existing unitholders seeking a reference record — the fund is no longer publicly marketed
  • ·Researchers mapping pre-2023 agricultural Golden Visa vehicles

Risk factors

  • ·Public information has disappeared; status, NAV and terms are unverifiable without contacting the manager
  • ·Agricultural returns depend on wine market performance, cork prices and long biological cycles
  • ·Land-heavy strategy may constitute indirect real-estate exposure under post-2023 Golden Visa rules
  • ·No published fund documents, registry entry or ISIN found

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.

Frequently asked questions

Is the Gaia Investment Fund still open?
Unknown. The manager's rebuilt website no longer lists any funds, and every third-party profile of the fund has been taken down or archived. Contact Insula Capital directly for current status.
Tom Brooks

Tom Brooks

Founding Partner & CEO

Talk through Gaia Investment Fund and how it fits your Golden Visa plan — independent guidance, no obligation.

Book a free consultationor email hello@rootsglobal.com