Fund Name: EMERALD Capital Fund – Fundo de Capital de Risco Fechado
Subscription end date: 2026-07-11
ISIN Code: A-PTSFQCIM0009 / B-PTSFQDIM0008

Emerald Capital fund is a Portuguese government-regulated private equity fund, approved by the CMVM, ensuring full transparency and investor protection. With a proven track record in the renewable energy sector, our fund offers stable financial returns through a carefully curated portfolio – in Southern Europe and late-stage renewable energy infrastructure projects.

  • TARGET FUND SIZE: The Emerald Capital is structured as a €40 million regulated private equity fund​:
  • TOTAL PROJECT VALUE: STAG Fund Management oversees €350 million+ in total project value across 17 ventures capital funds​
  • TARGET GROSS RETURNS: The fund aims for a 7% gross return from investments, making it a stable and secure investment choice.

The Emerald Capital Fund – Fundo de Capital de Risco Fechado will typically invest in sustainable business and late-stage renewable energy development companies and early-stage development firms. These investments will include companies that are acquiring, or have acquired, rights to develop PV solar, onshore wind, and battery storage projects, and the provision of related infrastructure and manufacturing of sustainable assets and related assets and infrastructure. The Fund’s strategy involves investing in companies engaged in the development, construction, operation, and sale of these businesses or projects. The Fund will have a particular emphasis on supporting projects within Portuguese companies and is willing to invest over 33% in a single asset.

The fund invests in a diversified portfolio of renewable energy assets, including:

  • Solar Power (PV) Projects
  • Onshore Wind Farms
  • Battery Energy Storage Systems (BESS)
  • Sustainable Infrastructure
    Investments are spread across Portugal, Spain, and Italy, with over 60% of funds allocated to Portuguese projects.

You will be investing along with an experienced renewable energy developer with a 1GW track record of development and operating success. The Fund offers an exclusive opportunity to invest in the booming renewable energy sector—backed by advanced, operational assets and a seasoned project developer. Your gateway to the Portuguese Golden Visa and sustainable financial growth.

  • Subscription Fee: Class A 0.5% – Class B1.5%
  • Capital Invested: Class A €500k Class B €250k
  • A Fund Management Fee: 0.95% per year it is charged at fund level and NOT directly to investors . These fees cover investment structuring, fund management, and regulatory compliance. In addition, investors will need to allow for other costs associated with this process, namely legal fees, application fees, application renewal fees, bank charges, etc.
  • Term – The fund has a 7-year investment term, with a targeted exit around 2031. However, the investor have to remain invested in the fund for 5 years to be Golden Visa compliant, there are options for reinvestment or earlier exits depending on market conditions.
  • Regulated – The fund is CMVM-approved and fully complies with the Portuguese Golden Visa regulations, making it an eligible investment for visa applicants by investing €500,000..

Please Note: this is a Private Equity / Venture Capital Fund. It is not guaranteed that capital invested will be reimbursed, or that the Fund will distribute returns. All amounts indicated as returns, are potential returns that may or may not be distributed and may vary in accordance with the Fund’s performance.

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