3 Comma Capital

What 3 Comma Capital does

3 Comma Capital SCR, S.A. (3CC) is a Portuguese alternative asset management and venture capital firm headquartered in Lisbon, founded in 2022 by Nuno Serafim, Robert Hable, and Patrick Hable. The firm holds CMVM authorization number 182126 (share capital €125,000) and operates as an owner-managed, regulated investment company. Its primary commercial engine is the Portugal Golden Visa program, where it packages qualifying fund investments for international high-net-worth investors seeking EU residency. Target geographies span the US, China, Turkey, the UK, the Middle East, and Latin America, with go-to-market conducted via a multilingual website, an active blog, direct consultation, and bank-led distribution partnerships (Bison Bank and BNI).

The firm manages five distinct investment vehicles: the Portugal Golden Income Fund (PGIF, multi-asset: 70% Portuguese corporate bonds, 15% global equities, 15% digital assets/gold, 7-10% target returns, Golden Visa eligible, launched October 2024); the Atlantic Bond Fund (ABF, 100% investment-grade corporate bonds with ≥60% Portuguese allocation, 3.5-5% target returns, launched June 2025); the Global Crypto Fund (Portugal's first regulated 100% digital asset daily-liquidity fund, Gemini custody, launched April 2024); the Unbound Fund (closed vehicle investing in Portuguese blockchain companies); and the Speedster Fund (closed PE vehicle targeting the motorsport and sports ecosystem, launched November 2025). Performance disclosures indicate the PGIF Class A returned 9.59% since October 2024 inception, and an earlier private equity fund delivered a 73% return between September 2023 and June 2024.

Revenue is generated through a fee stack applied to fund NAV: annual management fees of 1.00-1.75% by share class, performance fees of 10-20% above hurdle rates (4-5%), one-time subscription fees of 0-5%, declining redemption fees (5% year 1 down to 0%), and depositary/custodian fees of 0.09-0.20%. Customer segments center on international HNW individuals seeking Golden Visa residency, with secondary segments including US SDIRA users and professional crypto investors. In April 2026, C2 Capital Partners (€920M+ raised across 17 funds since 2009) became a key shareholder, aligning long-term investor commitment to the platform.

Name

3 Comma Capital

Legal name

3 Comma Capital SCR, S.A.

Website

https://3commacapital.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

3 Comma Capital is a CMVM-regulated Portuguese alternative asset manager operating five investment funds (multi-asset, bond, crypto, blockchain VC, and motorsport private equity) for international high-net-worth investors, primarily through Portugal Golden Visa pathways.

Ownership category

akta.pro rank

Product category

Alternative Asset Management

NAICS

Other Investment Pools and Funds (5259), Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Finance Services (6199), Investment Advice (6282)

akta.pro primary industry

Money Market Funds (FSAAAEAC)

Keywords

• Alternative asset management
• Golden Visa investment funds
• Multi-asset portfolio funds
• Digital asset fund management
• Fixed income fund management

Headquarters

HQ city

Lisbon

HQ country

Portugal

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Management Fees: Annual management fees charged on fund Net Asset Value. Portugal Golden Income Fund: 1.50% p.a. (Class A/AS), 1.75% p.a. (Class D), 1.65% p.a. (Class DS). Atlantic Bond Fund: 1.50% p.a. (Class CD/EA), 1.65% p.a. (Class ED). Global Crypto Fund: 1.00% p.a. (Class A), 1.50% p.a. (Class B).
2. Performance Fees: 20% performance fee on returns above 5.0% p.a. for Portugal Golden Income Fund. Atlantic Bond Fund charges 10% above 4% hurdle with high-water mark. Speedster Fund charges 20% above 4% p.a. hurdle rate.
3. Subscription Fees: Share Class AS and DS of Portugal Golden Income Fund charge 1.50% subscription fee. Atlantic Bond Fund Class CD charges 5.00% subscription fee.
4. Redemption Fees: Portugal Golden Income Fund redemption fees scale from 5% (within first year) to 0% after 5 years. Atlantic Bond Fund charges 2.5% exit fee for withdrawals within first five years.
5. Custodian and Depositary Fees: 0.09% p.a. depositary fee calculated monthly on Fund NAV. 0.20% p.a. custodian fees on digital assets held by Global Crypto Fund.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

3 Comma Capital is a CMVM-regulated Portuguese alternative asset management company that manages five investment funds covering multi-asset income (Portugal Golden Income Fund), investment-grade bonds (Atlantic Bond Fund), digital assets (Global Crypto Fund), Portuguese blockchain venture capital (Unbound Fund), and motorsport/sports ecosystem private equity (Speedster Fund). The firm primarily serves international high-net-worth investors pursuing Portugal's Golden Visa residency program through qualifying fund subscriptions, with daily liquidity across core funds and institutional custody for digital assets via Gemini Trust Company.

Product overview

3 Comma Capital is a CMVM-regulated alternative asset manager offering a suite of five distinct investment funds: the Portugal Golden Income Fund (multi-asset strategy combining bonds, equities and digital assets for Golden Visa eligibility), the Atlantic Bond Fund (100% fixed income for capital preservation), the Global Crypto Fund (Portugal's first regulated daily-liquidity digital asset fund), the Unbound Fund (closed fund for Portuguese blockchain companies), and the Speedster Fund (closed venture capital fund for motorsport/sports ecosystem). All funds are regulated by CMVM (authorization 182126) and are designed for both institutional and retail investors seeking Golden Visa pathway or diversified investment exposure.

Differentiator

Problem solved

Functional benefit

Brands

• 3CC Portugal Golden Income Fund: CMVM-regulated open-ended multi-asset alternative investment fund combining 70% Portuguese corporate bonds, 15% US/world equities, and 15% digital assets and gold. Targets 7-10% annual returns. Golden Visa eligible.
• 3CC Atlantic Bond Fund
• 3CC Global Crypto Fund
• Speedster Fund
• Unbound Fund

Products and services

• 3CC Portugal Golden Income Fund Open-ended multi-asset alternative investment fund combining Portuguese corporate debt (70%), U.S./World equities (15%), and alternative assets including Bitcoin and Gold (15%), targeting 7-10% annual returns. Golden Visa eligible with daily liquidity. Designed for international HNW investors pursuing Portuguese residency while diversifying across asset classes.
• 3CC Atlantic Bond Fund Open-ended alternative bond investment fund focused 100% on fixed income, targeting high-quality investment-grade corporate bonds with a minimum 60% Portuguese corporate bond allocation. Targets 3.5-5% annual returns with capital preservation focus and daily liquidity. Golden Visa eligible, suited for conservative investors and those approaching retirement.
• 3CC Global Crypto Fund Open-ended alternative investment fund providing long-only exposure to the largest digital assets by market cap in a regulated environment. Portugal's first 100% digital asset daily liquidity fund with active management and staking capabilities. Custodied by Gemini Trust Company, LLC. Designed for professional investors with high risk appetite seeking regulated crypto exposure.
• Unbound Fund Closed alternative investment fund investing in high-growth Portuguese blockchain companies using proprietary trading strategies backed by in-depth research. Golden Visa eligible, targeting investors seeking venture capital exposure within the firm's CMVM-regulated product suite.
• Speedster Fund Closed private capital fund targeting high-growth opportunities across the motorsport and sports ecosystem including racing teams (F2, F3, Formula E), talent development, motorsport technologies, digital media platforms, and sports-sector startups. Distributed through BNI - Banco de Negócios Internacional (Europa).

Quantifiable outcome

• 73% return since inception for 3 Comma Capital I Private Equity Fund (September 2023 to June 2024)
• +3 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Bison BankcoreChannel Partner/ Reseller/ DistributorBison Bank serves as the Fund Depositary and marketing entity for Portugal Golden Income Fund and Global Crypto Fund. The bank also acts as depositary for fund assets, providing custody services and operational infrastructure for investor subscriptions and redemptions.
• Gemini Trust Company, LLCcoreTechnology or IntegrationGemini Trust Company provides custody and safekeeping services for the Global Crypto Fund's digital assets. Gemini is a regulated Fiduciary and qualified custodian under New York Banking Law, licensed by NYDFS, providing institutional-grade security for fund's Bitcoin, Ethereum and Solana holdings.
• BNI - Banco de Negócios Internacional (Europa)minorChannel Partner/ Reseller/ DistributorBNI serves as depositary and marketing entity for the Speedster Fund, providing custody services and distribution support for the closed-end venture capital fund targeting motorsport and sports ecosystem investments.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Emerging players

• CoinShares: European digital asset investment firm offering regulated crypto exposure products. Closest regulated multi-asset crypto fund peer to 3CC's Global Crypto Fund, with broader scale and European distribution.
• 21Shares: Swiss-based crypto asset manager offering regulated exchange-traded crypto products. Comparable to 3CC's Global Crypto Fund as a regulated multi-asset digital asset manager, though 21Shares operates an ETP rather than a daily-liquidity fund structure.
• Faber Ventures: Portuguese venture capital firm focused on early-stage technology companies. Partial overlap with 3CC's Unbound Fund for digital/blockchain ventures, but smaller mandate and earlier-stage focus.

Direct peers

• Optimize Investment Partners: Independent Portuguese asset manager offering multi-asset and alternative strategies to retail and institutional clients. Comparable in product breadth and target customer segment to 3CC's regulated fund stack.
• Portugal Ventures: Portuguese state-backed venture capital firm with multiple funds across sectors. Comparable to 3CC's venture activity under Unbound and to C2 Capital Partners' PE strategy in domestic Portuguese startup ecosystem.
• Indico Capital Partners: Portugal-focused venture capital firm investing in early-stage tech and digital companies. Comparable to 3CC's Unbound Fund strategy in backing Portuguese blockchain and tech startups.
• IMGA - Investimentos, Gestão e Asset Management: Portugal's largest private asset manager, where 3CC's CIO Nuno Serafim previously oversaw €4B across 28 funds. Direct competitor for Portuguese retail and institutional capital with comparable multi-asset and fixed income products.
• C2 Capital Partners: Established Portuguese private equity firm (€920M+ raised, 17 funds since 2009) that became 3CC's key shareholder in April 2026. Operates in overlapping alternative investment territory and serves as strategic investor and distribution ally.

Broad incumbents

• Caixa Gestão de Ativos: Asset management arm of state-owned Caixa Geral de Depósitos. Issues Portuguese corporate bonds that 3CC holds, and competes for retail and institutional Portuguese fixed income and multi-asset mandates.
• BPI Gestão de Ativos: Asset management arm of Banco BPI, one of Portugal's largest banks. Competes with 3CC for Portuguese savings and fixed income allocations through a broader but less specialized product range.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/3comma_capital

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about 3 Comma Capital