Magellan Fund
Magellan Fund
With over 10 years of track record in the Portuguese investment space, the Oxy Capital team have launched the Magellan Fund, a moderate risk, Open-Ended fund focused on listed equities and bonds across Portugal, Europea & Canada.
With over 10 years of track record in the Portuguese investment space, the Oxy Capital team have launched the Magellan Fund, a moderate risk, Open-Ended fund focused on listed equities and bonds across Portugal, Europea & Canada.
Fund Snapshot
Fund Snapshot
Moderate
Moderate
Investment Sector
Investment Sector
Agriculture
Investment Profile
Investment Profile
Listed Equities and Bonds
Open to US Citizens
Yes
Minimum Investment
€100,000
Subscription Deadline
Open-Ended
Fund Lifetime
Open-Ended
Fund Manager
Oxy Capital
CMVM License Number
2527
Background and Management Team
Background and Management Team
Background and Management Team
Each fund manager or fund advisor has been invited to answer a series of questions about their own funds as well as the market in general.
Each fund manager or fund advisor has been invited to answer a series of questions about their own funds as well as the market in general.
Could you please start by giving us some background about yourself and the team working on the Magellan Fund?
Could you please start by giving us some background about yourself and the team working on the Magellan Fund?
Oxy Capital is an investment firm established in 2012 in Lisbon. At present, our dedicated team comprises more than 25 professionals committed to managing funds across various strategies. These strategies encompass growth/buyout public markets and restructuring. Over the years, We have successfully invested in over 100 companies and executed over 50 exits, demonstrating our expertise in Private equity sector. Our investor base includes Portuguese banks, US foundations, EU entities, high-net-worth individuals, and Oxy Capital's own team. Oxy Capital is not affiliated with real estate brokers, law firms, corporates or any other entities and have no third parties involved in our investment management decisions.
Oxy Capital is an investment firm established in 2012 in Lisbon. At present, our dedicated team comprises more than 25 professionals committed to managing funds across various strategies. These strategies encompass growth/buyout public markets and restructuring. Over the years, We have successfully invested in over 100 companies and executed over 50 exits, demonstrating our expertise in Private equity sector. Our investor base includes Portuguese banks, US foundations, EU entities, high-net-worth individuals, and Oxy Capital's own team. Oxy Capital is not affiliated with real estate brokers, law firms, corporates or any other entities and have no third parties involved in our investment management decisions.
Oxy Capital is an investment firm established in 2012 in Lisbon. At present, our dedicated team comprises more than 25 professionals committed to managing funds across various strategies. These strategies encompass growth/buyout public markets and restructuring. Over the years, We have successfully invested in over 100 companies and executed over 50 exits, demonstrating our expertise in Private equity sector. Our investor base includes Portuguese banks, US foundations, EU entities, high-net-worth individuals, and Oxy Capital's own team. Oxy Capital is not affiliated with real estate brokers, law firms, corporates or any other entities and have no third parties involved in our investment management decisions.
Why did you decide to create the Magellan Fund for the Golden Visa market?
Why did you decide to create the Magellan Fund for the Golden Visa market?
Many Golden Visa investors are looking for liquidity and flexibility alongside a sound financial investment. The Magellan Fund gives them access to Oxy Capital’s flagship listed equities strategy, applying our private equity approach to public markets in Europe and Canada, in an open-ended, perpetual structure that allows early redemptions.
Many Golden Visa investors are looking for liquidity and flexibility alongside a sound financial investment. The Magellan Fund gives them access to Oxy Capital’s flagship listed equities strategy, applying our private equity approach to public markets in Europe and Canada, in an open-ended, perpetual structure that allows early redemptions.
Many Golden Visa investors are looking for liquidity and flexibility alongside a sound financial investment. The Magellan Fund gives them access to Oxy Capital’s flagship listed equities strategy, applying our private equity approach to public markets in Europe and Canada, in an open-ended, perpetual structure that allows early redemptions.
Oxy Capital’s Magellan Fund focuses on investing in public equities primarily in the Portuguese market. Does the fund invest outside of the country and could you please share what profile of companies you’re looking for and some insight into how specific stocks are selected?
Oxy Capital’s Magellan Fund focuses on investing in public equities primarily in the Portuguese market. Does the fund invest outside of the country and could you please share what profile of companies you’re looking for and some insight into how specific stocks are selected?
Yes. The fund invests more than 60% of its portfolio in Portuguese listed equities, with the remaining (less than 40%) allocated to Oxy Capital’s proprietary international listed equities strategy, focused primarily on European and Canadian listed markets. We select stocks using a private equity-like approach: in-depth fundamental analysis, a focus on smaller, often under-followed companies, and active engagement with management teams – this is our flagship strategy where the non-GV investors invest their capital looking for returns.
Yes. The fund invests more than 60% of its portfolio in Portuguese listed equities, with the remaining (less than 40%) allocated to Oxy Capital’s proprietary international listed equities strategy, focused primarily on European and Canadian listed markets. We select stocks using a private equity-like approach: in-depth fundamental analysis, a focus on smaller, often under-followed companies, and active engagement with management teams – this is our flagship strategy where the non-GV investors invest their capital looking for returns.
Yes. The fund invests more than 60% of its portfolio in Portuguese listed equities, with the remaining (less than 40%) allocated to Oxy Capital’s proprietary international listed equities strategy, focused primarily on European and Canadian listed markets. We select stocks using a private equity-like approach: in-depth fundamental analysis, a focus on smaller, often under-followed companies, and active engagement with management teams – this is our flagship strategy where the non-GV investors invest their capital looking for returns.
Open to US Citizens
Yes
Minimum Investment
€100,000
Subscription Deadline
Open-Ended
Fund Lifetime
Open-Ended
Open to US Citizens
Yes
Minimum Investment
€100,000
Subscription Deadline
Open-Ended
Fund Lifetime
Open-Ended
Request a detailed presentation about the fund
Request a detailed presentation about the fund
Investment Strategy & Goals
Investment Strategy & Goals
Investment Strategy & Goals
Each fund manager or fund advisor has been invited to answer a series of questions about their own funds as well as the market in general.
How would you describe the Magellan Fund’s risk profile; Conservative, Moderate, or Ambitious?
How would you describe the Magellan Fund’s risk profile; Conservative, Moderate, or Ambitious?
Moderate. On the official Summary Risk Indicator is a 3 out of 7.
Moderate. On the official Summary Risk Indicator is a 3 out of 7.
The Magellan fund also receives investment from non-Golden Visa sources. Could you please elaborate on that and explain how it benefits the fund?
The Magellan fund also receives investment from non-Golden Visa sources. Could you please elaborate on that and explain how it benefits the fund?
On the international sleeve (<40%) - the strategy is backed by institutional investors, private investors and the Oxy Capital team. The presence of professional investors who invest without the Golden Visa incentive, together with the management team’s own capital, reflects confidence in the strategy and aligns our interests with those of our investors.
On the international sleeve (<40%) - the strategy is backed by institutional investors, private investors and the Oxy Capital team. The presence of professional investors who invest without the Golden Visa incentive, together with the management team’s own capital, reflects confidence in the strategy and aligns our interests with those of our investors.
On average, how long does it take to onboard a Golden Visa investor into the Magellan Fund and what are the main obstacles in the onboarding process?
On average, how long does it take to onboard a Golden Visa investor into the Magellan Fund and what are the main obstacles in the onboarding process?
Our investor onboarding procedure ensures a smooth and efficient experience. Investors have the convenience of completing the entire process remotely in collaboration with our compliance and investment team with our digital portal. With the continuous support and guidance from our onboarding team, the process typically concludes within less than a week.
Our investor onboarding procedure ensures a smooth and efficient experience. Investors have the convenience of completing the entire process remotely in collaboration with our compliance and investment team with our digital portal. With the continuous support and guidance from our onboarding team, the process typically concludes within less than a week.
Many Golden Visa investors are looking for flexibility with their investments and the Magellan Fund’s open-ended nature seems likely to be attractive for that reason. How easy is it for investors to move in and out of the fund?
Many Golden Visa investors are looking for flexibility with their investments and the Magellan Fund’s open-ended nature seems likely to be attractive for that reason. How easy is it for investors to move in and out of the fund?
As an open-ended, perpetual fund, the Magellan Fund accepts subscriptions on an ongoing basis and allows early redemptions, as it invests in listed securities with daily quotation. Investors should note, however, that redeeming before the minimum holding period required by the Golden Visa Program may affect their residency permit. The redemption period notice on the regulation is 180 days (to protect the portfolio/the investors that stay in the fund if needed), usually redemption occur after the end of the moth of the redemption request.
As an open-ended, perpetual fund, the Magellan Fund accepts subscriptions on an ongoing basis and allows early redemptions, as it invests in listed securities with daily quotation. Investors should note, however, that redeeming before the minimum holding period required by the Golden Visa Program may affect their residency permit. The redemption period notice on the regulation is 180 days (to protect the portfolio/the investors that stay in the fund if needed), usually redemption occur after the end of the moth of the redemption request.
What distinguishes the Magellan Fund from other open-ended funds operating in the market?
What distinguishes the Magellan Fund from other open-ended funds operating in the market?
The Magellan Fund combines the liquidity of listed markets with the discipline of private equity. It is managed by Oxy Capital, the largest Portuguese private equity firm according to the CMVM, drawing on more than a decade of investing in Portuguese companies to identify value in listed equities, both in Portugal and internationally.
The key features that set the fund apart include:
Access to Oxy Capital’s Flagship Strategy: The fund’s main differentiation comes from our flagship listed equities strategy, focused primarily on European and Canadian markets and the same strategy in which our non-Golden Visa investors invest their capital looking for returns. Golden Visa investors gain access to it alongside a Portuguese core of more than 60% of the portfolio, in line with Golden Visa requirements.
Private Equity Approach to Listed Markets: We analyze each listed company as if we were acquiring it outright, combining in-depth fundamental analysis, direct engagement with management teams and a long-term ownership mindset, rather than trading on short-term market movements.
Strong Commitment from the Oxy Capital Team: Members of the Oxy Capital team are invested in the strategy with their own capital, a clear “skin in the game” commitment that aligns our interests with those of our investors.
Performance-Focused Fee Structure: Most of the fund’s fee structure is based on performance fees, meaning we are rewarded mainly when we generate returns for our investors.
Liquidity and Transparency: The fund invests only in securities listed on regulated markets with daily quotation and, as an open-ended, perpetual fund, allows early redemptions subject to the notice period set out in the fund regulation.
Independence: Oxy Capital is not affiliated with real estate brokers, law firms or corporates, and no third parties are involved in our investment decisions.
The Magellan Fund combines the liquidity of listed markets with the discipline of private equity. It is managed by Oxy Capital, the largest Portuguese private equity firm according to the CMVM, drawing on more than a decade of investing in Portuguese companies to identify value in listed equities, both in Portugal and internationally.
The key features that set the fund apart include:
Access to Oxy Capital’s Flagship Strategy: The fund’s main differentiation comes from our flagship listed equities strategy, focused primarily on European and Canadian markets and the same strategy in which our non-Golden Visa investors invest their capital looking for returns. Golden Visa investors gain access to it alongside a Portuguese core of more than 60% of the portfolio, in line with Golden Visa requirements.
Private Equity Approach to Listed Markets: We analyze each listed company as if we were acquiring it outright, combining in-depth fundamental analysis, direct engagement with management teams and a long-term ownership mindset, rather than trading on short-term market movements.
Strong Commitment from the Oxy Capital Team: Members of the Oxy Capital team are invested in the strategy with their own capital, a clear “skin in the game” commitment that aligns our interests with those of our investors.
Performance-Focused Fee Structure: Most of the fund’s fee structure is based on performance fees, meaning we are rewarded mainly when we generate returns for our investors.
Liquidity and Transparency: The fund invests only in securities listed on regulated markets with daily quotation and, as an open-ended, perpetual fund, allows early redemptions subject to the notice period set out in the fund regulation.
Independence: Oxy Capital is not affiliated with real estate brokers, law firms or corporates, and no third parties are involved in our investment decisions.
Many of those considering the Golden Visa have several funds to choose from. What advice can you offer to help investors make the right decision for them?
Many of those considering the Golden Visa have several funds to choose from. What advice can you offer to help investors make the right decision for them?
When considering various Golden Visa investment options, my guidance would be to prioritize the following factors:
Track Record: Opt for teams with a proven and robust track record in the field.
Non-Golden Visa Investors within the Fund: This aspect attests to the potential quality of the product. The presence of professional investors willing to invest without the Golden Visa incentive signifies the Fund's appeal as a sound financial investment.
Capital Invested by the Management Company: Look for "Skin in the game"; commitment from the management company, as their financial involvement demonstrates a shared commitment to the Fund's success.
Personal Preference on Risk/Return Ratio: Consider your individual risk tolerance and desired return on investment, aligning with your specific financial goals.
These considerations can serve as valuable benchmarks to aid investors in making informed decisions tailored to their unique preferences and objectives.
When considering various Golden Visa investment options, my guidance would be to prioritize the following factors:
Track Record: Opt for teams with a proven and robust track record in the field.
Non-Golden Visa Investors within the Fund: This aspect attests to the potential quality of the product. The presence of professional investors willing to invest without the Golden Visa incentive signifies the Fund's appeal as a sound financial investment.
Capital Invested by the Management Company: Look for "Skin in the game"; commitment from the management company, as their financial involvement demonstrates a shared commitment to the Fund's success.
Personal Preference on Risk/Return Ratio: Consider your individual risk tolerance and desired return on investment, aligning with your specific financial goals.
These considerations can serve as valuable benchmarks to aid investors in making informed decisions tailored to their unique preferences and objectives.
For people who are unfamiliar with investing in funds and may even be nervous about learning, what advice would you like to give them?
For people who are unfamiliar with investing in funds and may even be nervous about learning, what advice would you like to give them?
For individuals unfamiliar with fund investments and perhaps feeling apprehensive about delving into the process, I offer the following advice:
Take Your Time: Don't rush the decision-making process. Take the necessary time to thoroughly
research and find the fund that aligns best with your financial goals.
Ask Questions: Don't hesitate to ask questions and seek clarification about how funds operate
and the fund manager track record. Understanding the mechanics of funds is essential for
making informed investment decisions.
Seek Professional Guidance: Engage professional advisors and legal experts who can provide
valuable insights. They can help you comprehend the nuances of different funds available in the
market and offer personalized advice based on your unique financial situation.
By following these steps, you can navigate the world of fund investments with confidence and make choices that align with your financial objectives.
For individuals unfamiliar with fund investments and perhaps feeling apprehensive about delving into the process, I offer the following advice:
Take Your Time: Don't rush the decision-making process. Take the necessary time to thoroughly
research and find the fund that aligns best with your financial goals.
Ask Questions: Don't hesitate to ask questions and seek clarification about how funds operate
and the fund manager track record. Understanding the mechanics of funds is essential for
making informed investment decisions.
Seek Professional Guidance: Engage professional advisors and legal experts who can provide
valuable insights. They can help you comprehend the nuances of different funds available in the
market and offer personalized advice based on your unique financial situation.
By following these steps, you can navigate the world of fund investments with confidence and make choices that align with your financial objectives.
What is your outlook for Portugal from both an investment and lifestyle perspective over the coming years?
What is your outlook for Portugal from both an investment and lifestyle perspective over the coming years?
Anticipating the years ahead, our perspective on Portugal remains positive, encompassing both investment and lifestyle considerations.
Investment Outlook: Portugal continues to offer compelling investment prospects, particularly in sectors such as industrial, technology, and energy. The nation's steady economic growth, coupled with government initiatives and scarce access to capital to companies, creates an advantageous environment for investors seeking sustainable returns.
Lifestyle Prospects: Portugal's enduring appeal as a sought-after lifestyle destination is expected to persist. Boasting a rich cultural heritage, picturesque landscapes, and a warm atmosphere, Portugal remains an attractive place to reside. The quality of life, favorable climate, and diverse recreational offerings contribute to its allure for residents and expatriates alike.
In summary, our outlook foresees Portugal maintaining its appeal as an attractive destination, both in terms of investment opportunities and as a desirable place to live.
Anticipating the years ahead, our perspective on Portugal remains positive, encompassing both investment and lifestyle considerations.
Investment Outlook: Portugal continues to offer compelling investment prospects, particularly in sectors such as industrial, technology, and energy. The nation's steady economic growth, coupled with government initiatives and scarce access to capital to companies, creates an advantageous environment for investors seeking sustainable returns.
Lifestyle Prospects: Portugal's enduring appeal as a sought-after lifestyle destination is expected to persist. Boasting a rich cultural heritage, picturesque landscapes, and a warm atmosphere, Portugal remains an attractive place to reside. The quality of life, favorable climate, and diverse recreational offerings contribute to its allure for residents and expatriates alike.
In summary, our outlook foresees Portugal maintaining its appeal as an attractive destination, both in terms of investment opportunities and as a desirable place to live.
Is there anything else you would like to share with potential investors?
Is there anything else you would like to share with potential investors?
We are committed to provide potential investors with all the necessary information for a well-informed investment decision. Our team is readily available to have call with any potential investor to go through Oxy Capital’s track record and the Magellan Fund details.
We are committed to provide potential investors with all the necessary information for a well-informed investment decision. Our team is readily available to have call with any potential investor to go through Oxy Capital’s track record and the Magellan Fund details.
Get in Touch
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Request more information about the fund
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With over 10 years of track record in the Portuguese investment space, the Oxy Capital team have launched the Magellan Fund, a moderate risk, Open-Ended fund focused on listed equities and bonds across Portugal, Europea & Canada.
Min. Investment
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Subscription Deadline
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