Vida Fund
Vida Fund believes in the power of capital to build spaces where individuals gather intentionally to live inspiring lives.
Investment Sectors
Hospitality, Real Estate
Strategy Overview
The fund acquires distressed hospitality assets, repositions these implementing value add interventions, and sells to international real estate buyers willing to pay a higher price for branded residences.
Minimum Ticket Size
€500,000
First Close Passed
Yes
Set Up Fee
1500€ added One time fee of EUR 1,500 (to be paid to fund manager for KYC, AML check) (Refundable)
Management Fee
2%
Performance Fee
20% Calculated as 50% of the liquidation proceeds of the Class A gains (in excess of 4 % annual cash dividends, with a catchup) up to 2xROE and 20% of the liquidation proceeds of the Class B gains (in excess of a 6% annual cash dividends, with a catchup).
Target Annual Returns
4% 4% a year dividend when cash available
Target Returns Upon Exit
14% 2x Return on Equity (1M Euro)
Subscription Deadline
December 2024
Target Fundraise
€100,000,000
Month Established
December 2022
Fund Duration
7 years
US-investors (PFIC)
Yes
Vida Capital Partners is a private equity fund, approved by CMVM, that provides access to investment in sustainable real estate hospitality assets with LEED certification while giving you the possibility of obtaining an EU Passport.
The team has extensive expertise and a track record. We developed and managed €900M worth of real estate in Portugal, and raised funds of over €2B across Europe, the USA, Latin America, and Africa. Our partners previously with Barclays, Marriott, and Selina have a proven track record.
The LPs in this Fund are targeted to investors associated with the Golden Visa program, primarily with origins in the US, Latin America, South Africa, and Brazil. These are generally private investors looking to invest 500,000 Euros in our fund, and besides receiving a return on their investment, they can benefit from the European residency certificate and gain access to a European passport.