Prima Europe Fund logo
Hakan Kodal

Prima Europe Fund

Prima Fund is a 2-tranche (which provides partial capital protection) venture capital investment fund investing in Ando Living branded developments and the brand itself.

Investment Sectors

Real Estate, Hospitality

Strategy Overview

Investing in the expansion of Ando Living touristic projects.

Minimum Ticket Size


First Close Passed


Set Up Fee

1.23% added

Management Fee


Performance Fee


No performance fee for senior equity investors

Target Annual Returns


Target Returns Upon Exit


Subscription Deadline

June 2023

Target Fundraise


Month Established

July 2021

Fund Duration

8 years

US-investors (PFIC)


Prima Europe is a hybrid investment between a Fund and a Real Estate investment. The fund targets Hospitality projects branded by Ando Living, which is a lifestyle brand to be expanded from Portugal to the Mediterranean. At the end of the Fund term, the investor can use its Fund units to purchase an Ando Living residence within these developments. This Fund is best suited for conservative investors looking for capital protection (having -+10% min and cap at cash out) or buying property.