Alpha Fund

We invest in Portuguese companies and assets across a broad opportunity set, including corporate credit, loans and asset portfolios, through structured capital solutions and equity-linked opportunities.

We target situations arising from financing complexity, constrained access to traditional credit, balance sheet challenges or transitional capital needs that require bespoke solutions. Where appropriate, our investments support liquidity, increase financial autonomy, and enable operational improvement and growth.

Investment Phase
Open for subscription

Key Investor Information:

What We Do

We target special opportunities driven by company-specific complexity, market dislocations, or unmet capital needs.

Our mandate spans corporate credit, asset-backed or receivable-backed structures where appropriate, as well as the development of structured and hybrid capital and equity-linked solutions, allowing us to tailor each investment to the specific risk profile, rather than force standardized products.

Selectively, we co-invest alongside leading global investment funds in Portuguese companies and assets, combining their capital and institutional framework with our local sourcing and execution capabilities.

How We Invest

We seek strong information, governance, and influence rights appropriate to each situation, including control where warranted, enabling active decision-making rather than passive monitoring. We aim to structure investments with an attractive asymmetric profile, prioritizing capital preservation through security where available, contractual protections, structural seniority, disciplined entry valuation, and governance mechanisms.

Beyond providing capital, we actively monitor, manage, and when required work out investments with credit to equity strategies to protect value, including turnarounds and restructurings, and accelerate stabilization. Active asset and portfolio management and workout capability are central to how we seek to create and protect value.

Our Team

Alpha is led by a highly experienced local team with a track record of working with numerous global investment funds across private credit, loan portfolios, structured finance, and direct equity. The team has deployed, structured, and managed complex investments through full market cycles, developing deep expertise in underwriting, structuring, and hands-on portfolio management.

Team members also bring experience from advisory environments, having assessed, structured, and advised on credit risk, capital management, and asset and portfolio transactions for financial institutions. This background informs a disciplined, risk-aware approach to investment selection and portfolio management.

Our local presence in Portugal supports proprietary sourcing, on-the-ground diligence, and granular execution. This is combined with institutional standards in governance, reporting discipline, and risk management.