Ando Europe

Ando Europe – Fundo de Capital de Risco Fechado specializes in the hospitality industry with a particular emphasis on the management of short-term stay apartments. Leveraging the successful business model and proven track record of Ando Living, the fund presents a low-risk investment opportunity. Ando Living aims at the serviced apartments segment, which lacks an international lifestyle brand.

The Ando Europe Fund, Golden Visa eligible, invests in the hospitality business with a special focus in serviced apartments. The fund will invest in the hospitality business with a special focus on the management of short-term stay apartments, based on the successful business and proven track record of Ando Living Group.

The identified assets offer a unique opportunity to the fund’s investors as targeting assets that aren’t exposed to high volatility and predictable cash flows.

Fund Name: ANDO Europe – Fundo de Capital de Risco Fechado

Subscription end date: 2026-05-15
ISIN Code: A-PTSFQAIM0001

Field	Details

Investment Type

Investment in participation units of a CMVM-regulated venture capital fund

Fund Name

Ando Europe – Fundo de Capital de Risco Fechado*

Investment Scope

Investment in operating companies specialized in hospitality, F&B and services

Subscription Period

24 months

Target Fund Size

€50 million

Fund Manager

STAG Fund Management SCR, S.A.

General Partner

Optylon Krea LDA

Depository Bank

Bison Bank

Auditory

Baker Tilly

Minimum Investment Size*

€500,000

Target Annual Return*

8–10% per annum

Upside Sharing

20% promote for the Fund Manager and the General Partner over 5% per annum return to the investors (hurdle rate)

Fees & Expenses

1.8% per annum

Subscription Fee

1.5% over the investment amount (one-off)

Term	7 + 1 + 1 years

Exit	Pay-back through operations, backed by Ando Living Holding and/or its subsidiaries, and/or through sale of the investments. Alternatively, exit through refinancing

Diversification

HOSPITALITY +/- 60%

(Ando Living serviced apartments)

• – Furniture, Fixtures & Equipment.
• – OpEx.
• – Rent advance payments.
• – Acquisition of Operation Companies.
• – Backed by long-term contracts with Ando Living operations.
• – Pay back in 1 to 3 years. Up to 8% per annum (debt structure).

FOOD & ENTERTAINMENT +/- 40%

(Ando Living Clubhouses)

• – Furniture, Fixtures & Equipment.
• – OpEx.
• – Rent advance payments.
• – Backed by long-term contracts, in partnership with leading operators.
• – Pay back in 3 to 5 years. Up to 8% per annum (debt structure)

Please Note: this is a Private Equity Fund. It is not guaranteed that capital invested will be reimbursed, or that the Fund will distribute returns. All amounts indicated as returns, are potential returns that may or may not be distributed and may vary in accordance with the Fund’s performance