Planeur Portugal Investment Fund
Closed 2022-vintage VC fund around real-estate development, agribusiness, tourism and high-tech manufacturing; no longer marketed.
Managed by Dunas Capital · Plaza de las Cortes 2, 4ª planta, 28014 Madrid, Spain
Key facts
For US investors
- US investors accepted
- —
- PFIC status
- —
- Annual QEF statements
- —
- IRA / 401(k) route
- —
No public information; the fund is closed to new investors, so the question is moot for new subscriptions.
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
No public fund documents located yet. We can request the current prospectus and KID directly from the manager — book a consultation and we will walk you through them.
Data transparency
Researched Jul 7, 2026 · every fact carries its source
Still researching
- Management fee
- Performance fee
- Lock-up period
- Redemption frequency
- CMVM registration
- US investor acceptance
- ISIN
- Legal structure
- Fund size
- Target fund size
- Inception date
- NAV frequency
- Hurdle rate
- Subscription fee
- Redemption fee
- Custodian
- Distribution policy
- PFIC status
- QEF reporting
- IRA/401(k) eligibility
- Portfolio allocation
Sources
- 1Planeur Portugal — Nomad Gate fund profile (subscription ended) — Nomad Gate (aggregator), accessed Jul 7, 2026
- 2Planeur Portugal Fund profile — Portugal Funds Golden Visa (aggregator), accessed Jul 7, 2026
- 3Planeur golden visa fund page (returned HTTP 500 on access; auditor detail via search snippet of this page) — Planeur (manager), accessed Jul 7, 2026
- 4Dunas Capital homepage (no mention of Planeur or Portugal Golden Visa funds) — Dunas Capital (manager), accessed Jul 7, 2026
Research summary
Compiled from the sources cited on this page — a factual summary, not a recommendation or rating.
The Planeur Portugal Investment Fund was a 10-year Portuguese venture capital vehicle marketed to Golden Visa investors with a €350,000 minimum ticket, investing primarily in real-estate development alongside agribusiness, tourism and high-tech manufacturing. Its subscription period ended in October 2022 and it is closed to new investors; the fund's dedicated website (planeurportugalfund.com) no longer resolves and the related planeur.co pages return server errors.
The seed attribution of the fund to Dunas Capital (the Madrid-based Iberian asset manager) could not be verified: Dunas Capital's own site does not mention Planeur or any Portugal Golden Visa fund. Because the strategy was primarily real-estate development, the fund would not qualify under the Golden Visa fund rules in force since October 2023 — academic in practice, since it stopped accepting subscriptions a year earlier.
The fund remains in this database for reference only. Almost no economics (fees, size, structure, CMVM registration) are publicly available.
Suited for
- ·Not available — the fund closed to new subscriptions in October 2022
- ·Existing investors seeking a reference record of the fund's public terms
Risk factors
- ·Real-estate-development strategy is incompatible with post-October 2023 Golden Visa fund rules
- ·Manager attribution and regulatory registration could not be verified; the fund's own web presence has disappeared
- ·No public information on fees, size or portfolio
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 Planeur Portugal Investment Fund and how it fits your Golden Visa plan — independent guidance, no obligation.
Book a free consultationor email hello@rootsglobal.com
