Green One and Riverview create fund to raise 100 million and invest in Portugal – Mutual funds
The tourism and residential and hospitality segments are like bets of the private equity fund “Growth fund. This fund is the result of an alliance between Green One Capital and Riverview Capital and intends to raise 100 million euros in the international markets for invest in Portugal.
“The strategy involves creating a portfolio that prioritizes investor safety and stability, and that allows for the distribution of the fund’s treatment as soon as possible” explains in a statement to Green One Capital, a venture capital company, which has been operating in Portugal since 2016 and is part of the Emerald Group, held by Angolan employee N’Gunu Tiny (pictured).
Approved and regulated by the Portuguese Securities Market Commission (CMVM), the Growth Fund is intended to be presented to both “gold visa” investors and international institutional investors wishing to invest in Portugal, with the first subscriptions of 10 investors in February 2022.
The fund is managed by Green One Capital. The developer, Riverview Capital, is an Irish financial and real estate investment company with over 75 years of experience, focused on the active development of high quality residential and hotel projects in Portugal and Spain.
According to James Ferris, from Riverview Capital, quoted in the statement, “the Growth Fund is the result of the maturing of the investments that we have been making and reflects the group’s commitment to Portugal as an investment jurisdiction.”
Pedro Jordão, administrator of Green One Capital, believes that this partnership opens up the opportunity to “develop a set of projects, with an impact on our market, with a company like Riverview – with whom we share a clear and objective vision of the projects”.