PIC Capital Fund I

PIC Capital Fund I is suitable for professional and non-professional investors with a moderate risk profile and the capacity to hold an illiquid asset over a 10-year horizon.

€100,000. However, for those seeking access to the Portuguese Golden Visa, the total investment across eligible funds needs to be at least €500,000.

The fund targets a ~5.91% projected annualised return (not guaranteed), with biannual distributions starting after the 5-year investment period.

The fund is designed as a long-term vehicle. Early redemption is only permitted under specific regulatory circumstances and private secondary market transfers or sales are subject to fund terms.

Investors have secured online access to fund documentation and performance reports. Investment updates are provided semi-annually.

Yes. The fund is authorised and supervised by CMVM (Portuguese Securities Market Commission), with NOVO BANCO as custodian and KPMG as the auditor.

At the end of the 10-year term, the fund will be liquidated and capital proceeds distributed to investors.

The fund focuses on companies managing tourism assets in Portugal, with emphasis on the Algarve and key urban centres, while also considering selected opportunities across other European Union markets, driven by a strong pipeline of potential investments.

Yes, the fund's annual financial accounts are subject to an independent audit approved under national law.

Following the initial investment period of 5 years, capital distributions will be transferred to investors as instructed, after the deduction of all applicable taxes and charges.

Following the 5-year investment period, biannual distributions will occur in May and October, adjusted according to the annual audited accounts.