Funds

SC Investments, which is held by Efanor, a holding of the Belmiro de Azevedo family (Sonae Group), has made an agreement to sell its assets in Troia to ACO Cedar, a company owned by the British [...]

Tax revenues on capital gains in Portugal have fallen over the past two decades according to a European Commission quarterly report. The report has an entire section on the trends and [...]

The European platform Dealflow is raising €60 million to launch a fund to help European startups from Lisbon. “The focus will be on seed stage startups to Series A. We recently hired a senior [...]

The US vulture fund Lone Star, which has a 75% share of the capital of Portuguese bank Novobanco, is looking to get a valuation of €5Bn for the financial institution. This figure is the starting [...]

American fund Lone Star will reappoint the members of the General and Supervisory Board (CGS) of Novobanco, a body whose competences resemble those of a board of directors and which is led by [...]

Almost a year after the ‘green light’ was given by Portuguese MPs, an Emergency Housing Fund remains unimplemented. The proposal to amend the State Budget for 2024 (OE2024) provides for the use [...]

The Minister of the Economy, Pedro Reis, has announced a programme to finance deep-tech projects with an initial  investment value of €60.6 million and with the capacity to leverage it up to [...]

Alternative Real Estate Investment Undertakings, or AREIUs, including Real Estate Investment Funds (Contractual Investment Undertakings), and Collective Investment Undertakings (CIOs), have grown [...]

The international investment firm KKR is to resell a €700 million tranche from a portfolio of Non-Performing Loans (NPLs) known as ‘Project Nata’ that it purchased in 2018 from Novobanco for [...]

Portugal’s largest private asset manager, IMGA, has secured a record €4.5Bn in assists, spread over 32 investment funds who products are sold by the country’s banks. IM Gestão de Ativos (IMGA) [...]