I came in in 2021 on the fund path. With some decent guidance from one of the facilitators and after vetting a number of funds/fund managers, we selected three: Pela Terra (because it felt good), Blue Crow Growth Fund (solid history and decent performing firms) and Lince Capital’s Innovation fund (as a tech oriented portfolio). They have done decently, with both Lince and Blue Crow having some solid winners along with the inevitable dogs. Excepting Pela, they all made numerous investments and spread the capital across Portugal. Capital that came in large part from ARI investors.
Now, to the point: I am going to begin requesting them to issue some favorable press releases about the winners in their funds, while emphasizing the origin of the funds. I would like to see something along the lines of: “BlueCrow is pleased to announce that XYZCo, a firm funded by BC’s Growth Fund, has achieved [some excellent result]. The Growth Fund was created with numerous foreign investments made in compliance with the ARI (Golden Visa) initiative which was established to encourage foreign investment in Portugal by individual investors also seeking residency and a 5 year path to citizenship.”
Or words to that effect. I think it time for the fund folks to step up and help promote where this success originated, as opposed to the public thinking capital just materializing out of thin air.
UPDATE: a version of the attached email was sent to each of the fund managers.
Lince Capital _ Innovation Fund _ Request for assistance.pdf (642.1 KB)
UPDATE 2: I received two very favorable replies from the funds indicating they would look for opportunities to try in increase favorable publicity. Then this morning, received the following (and my reply) from Blue Crow.
From: António (balance of email details edited)
We will try to increase the exposure of the benefits of GV investments. As matter a fact, I am planning to showcase the GV investment at a major independent news blog and Vlog called “Cor do Dinheiro” from a very popular commentator called Camilo Lourenço. You can see his webpage here: https://www.youtube.com/c/ACorDoDinheiro
We are a supporter of his page and Weekley commentary on savings and investment, and will use its base of +100k subscribers on the YouTube and other media to explain in “normal” language the benefit of the program. I am just waiting for the right time to air the program. Do you think that now during Christmas season we should do a program on the subject? Or should we wait for the first weeks of March (my original idea)?
Warm regards,
António
Antonio, your news and offer is most welcome!
Given the TC will present its opinion on Monday, I would favor the earlier presentation. There is a lot of attention to the ARI right now, so viewership may be high.
The “normal language” discussion can certainly help bring balanced understanding and potentially serve as an “authoritative source” for interested parties.
And certainly be a morale/spirit boost to the community to see a partner with BlueCrow’s stature presenting.
I would certainly do what I could to spread awareness of the event. Let me know when and the word will be spread.
Muito Obrigado,