Fundageo

What Fundageo does

Fundageo is a Swiss-headquartered private investment firm specializing in the European viager (reverse annuity) real estate market. Founded by operators active in viager since 2001 and formally structured by 2014, the company acts as an intermediary between retired property owners (crédirentiers) seeking to monetize home equity while aging in place, and qualified and institutional investors seeking defensive, low-volatility, a-cyclical alternative investment exposure. The company's primary capital vehicle, Fundageo Viager FIA, was launched in 2025 as a Luxembourg-domiciled Société en Commandite par Actions structured as an Alternative Investment Fund, accessible only to qualified and institutional investors per MiFID rules and eligible for Luxembourg life insurance wrappers.

Fundageo's core operating technology is Viagestion™, a proprietary, trademarked portfolio management and investor reporting platform developed in-house. Viagestion™ manages the full lifecycle of viager positions, including property valuation inputs from BPCE, annuity payment processing, portfolio consolidation, risk exposure reporting, financial return calculation, and reconciliation of cash balances with bank statements. The firm supplements this technology layer with a full Luxembourg fund-services stack: Ascender Luxembourg (AIFM), EFG Bank Luxembourg (administrator, transfer agent, custodian), Libra Luxembourg (auditor), and Charles Russell Speechlys (legal counsel). The firm has also secured GIIN impact-investing labeling to underpin ISR/ESG credentials.

Revenue is generated via fund management fees on assets under management, with disclosed maximum rates of 1.8% for Class A shares and 2.5% for Class B shares, plus distributor subscription fees capped at 5%. Underlying economics are driven by the spread between the bouquet (lump-sum) and rente (monthly annuity) paid to acquire viager properties and the eventual full ownership transfer upon the seller's death, with portfolio mutualization across 100+ properties used to manage longevity risk. Distribution is conducted exclusively through direct institutional outreach and professional channels, with quarterly liquidity, a 3-year lock-up, 60-day notice, 90-day settlement, and a 3% gate on net assets defining the investor terms.

Name

Fundageo

Legal name

Fundageo

Website

https://fundageo.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

Fundageo is a Geneva-based investment firm specializing in European viager (reverse annuity) real estate mutualization. It operates the Luxembourg-domiciled Fundageo Viager FIA fund for qualified and institutional investors, using its proprietary Viagestion™ platform to manage senior property portfolios.

Ownership category

akta.pro rank

Product category

Alternative Investment Fund (Viager Real Estate)

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Investment Advice (6282)

akta.pro industry

PRIMARYBPAJAMAJ

Real Estate Portfolio & Fund Management (Institutional/REIT/PE)

Business & Public Services/Real Estate Services (Brokerage, Property Management)/Real Estate Asset & Portfolio Management

Keywords

• Alternative investment fund
• Viager real estate
• Reverse annuity investment
• Impact investing Europe
• Retirement financing solutions

Headquarters

HQ city

Geneva

HQ country

Switzerland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Fund Management Fees: Fundageo Viager FIA charges management fees on assets under management: maximum 1.8% for Class A shares and maximum 2.5% for Class B shares. Additionally, subscription fees of maximum 5% are acquired by distributors.
2. Viager Investment Returns: Returns generated from viager real estate investments through bouquet (lump sum) payments and ongoing rente (monthly annuity) payments, creating a spread between investment cost and eventual full property possession.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Fundageo manages the Fundageo Viager FIA, a Luxembourg-based Alternative Investment Fund that mutualizes viager (reverse annuity) real estate investments for qualified and institutional investors. The firm acquires viager properties, paying a bouquet (lump sum) and a recurring rente (monthly annuity) to retired sellers (crédirentiers), and uses its proprietary Viagestion™ platform to manage the portfolio and report to investors. The offering combines a defensive, low-volatility investment product with ISR (Socially Responsible Investing) credentials.

Product overview

Fundageo operates as a unified financial services platform specializing in the viager (reverse annuity) market across Europe. The portfolio consists of three main offerings: Fundageo Viager FIA (the Luxembourg-based investment fund for qualified investors), Viagestion™ (the proprietary portfolio management and valuation tool), and the ISR framework (social impact investing principles applied across all products). Fundageo acts as an intermediary connecting retired sellers seeking self-financing with institutional investors seeking stable, low-volatility investment products.

Differentiator

Problem solved

Functional benefit

Brands

• Viagestion™: A proprietary management tool and database for managing relationships with viager beneficiaries (crédirentiers), valuing real estate assets, facilitating investment committee decisions, managing annuity payments, consolidating properties in a portfolio, generating risk exposure reports, calculating financial returns, and reconciling cash balances with bank statements.

Products and services

• Fundageo Viager FIA A Luxembourg-domiciled Alternative Investment Fund (SCA structure) offering qualified and institutional investors exposure to the European viager (reverse annuity) real estate market through a pure viager model combining bouquet (lump sum) and rente (periodic payments), with quarterly liquidity and a 3-year lock-up period.
• ISR Socially Responsible Investing Framework Socially Responsible Investment framework providing intergenerational solidarity through increased purchasing power for crédirentiers, home maintenance support, social link reinforcement, local job creation, and regular ISR reporting to investors. Fundageo is selected and labeled by the GIIN for impact investing credentials.

Quantifiable outcome

• 100+ viager properties under active management
• +1 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Seven partnerships are on record, tiered core and flagship.

• Ascender LuxembourgcoreImplementation/ SI/ Consulting PartnerAscender Luxembourg serves as the AIFM (Alternative Investment Fund Manager) for Fundageo Viager FIA, providing regulatory fund management services under Luxembourg law.
• EFG Bank LuxembourgcoreImplementation/ SI/ Consulting PartnerEFG Bank Luxembourg acts as Administrator, Transfer Agent, and Custodian for Fundageo Viager FIA, handling fund administration, transfer functions, and asset custody.
• Libra LuxembourgcoreImplementation/ SI/ Consulting PartnerLibra Luxembourg serves as the auditor for Fundageo Viager FIA, providing independent financial audit services.
• Charles Russell Speechlys SCScoreImplementation/ SI/ Consulting PartnerCharles Russell Speechlys SCS provides legal advisory services to Fundageo Viager FIA, handling regulatory compliance and legal matters under Luxembourg law.
• BPCEcoreTechnology or IntegrationBPCE provides real estate valuation services for Fundageo Viager FIA, acting as the property valuator for the fund's viager real estate portfolio.
• Global Impact Investing Network (GIIN)coreStrategic or Co-development PartnerGIIN has selected and labeled Fundageo for its impact investing credentials, verifying ISR (Investissement Socialement Responsable) standards and social impact methodology.
• Largest French Mutual BankflagshipStrategic or Co-development PartnerFundageo launched a dedicated viager mutualization portfolio in 2014 alongside the largest mutual bank in France, demonstrating the mutualization model's relevance and establishing operational procedures.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Others

• EFG Bank Luxembourg: Private banking and asset servicing group acting as Fundageo Viager FIA's custodian, administrator, and transfer agent. Comparable as an enabling infrastructure partner in the same Luxembourg fund ecosystem, though not a competitor — they serve Fundageo's fund vehicle.

Direct peers

• Corum Asset Management: French-origin European real estate investment manager operating SCPI and ELTIF vehicles. Comparable to Fundageo as a European real estate fund operator with cross-border distribution and institutional-grade compliance, though diversified across geographies rather than viager-focused.
• Novaxia Investissement: French alternative real estate investment manager focused on urban regeneration and impact-oriented strategies. Comparable to Fundageo in building an impact-tilted European real estate platform for institutional investors, though Novaxia operates at larger scale and broader mandates.
• La Française Real Estate Managers: Major French real estate investment manager (SCPI, OPCI, regulated funds) under the La Française group. Comparable to Fundageo as a French-rooted regulated real estate fund manager with institutional/wholesale distribution, though La Française REM is significantly larger and more diversified.
• Perial Asset Management: Independent French real estate manager operating SCPIs, OPPCI and thematic funds with institutional and retail distribution. Comparable to Fundageo as a French-rooted boutique alternative real estate manager, though Perial focuses on commercial rather than viager residential.
• Sofidy: French real estate asset manager offering SCPI, OPCI, and dedicated funds to institutional and retail investors. Comparable to Fundageo in operating a regulated French/European real estate investment platform with institutional distribution, though diversified across asset types rather than viager-specific.
• Primonial REIM: One of the largest French real estate investment managers (SCPI, OPCI, club deals) serving institutional and retail clients. Comparable to Fundageo as a regulated French-rooted real estate fund manager building institutional alternatives, though materially larger and broader in scope.

Emerging players

• Anaxago: French alternative real estate investment platform offering crowdfunded and institutional real estate opportunities. Comparable to Fundageo as a French-rooted alternative real estate investment platform expanding into institutional product, though operating at earlier stage and broader scope.

Regional players

• Cabinet Ketzinger (Viager Conseil): Long-standing French viager advisory and brokerage firm specializing in viager transactions. Comparable to Fundageo as a France-focused viager specialist, but operates as a transactional advisory rather than a pooled institutional fund manager.

Broad incumbents

• Swiss Life REIM: European real estate investment manager with strong French/Swiss footprint, part of Swiss Life Group. Comparable to Fundageo as a regulated European real estate investment platform serving institutional clients, though operating at much larger scale and broader asset class coverage.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/fundageo

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Fundageo