We are delighted to announce that during 2021 STAG Fund Management established 7 Funds which have raised over €140 million of investment in Portugal to date. These are record figures for a new Asset Management Company, in Portugal.
Fundraising for our existing Funds will continue during 2022, in conjunction with new Funds to be launched this year. We would like to thank all our partners and investors for choosing STAG as their preferred Fund Manager this year.
In 2021, STAG was also recognised by the Global Banking & Finance Awards for Best New Private Equity Fund Manager Portugal 2021 and The Next 100 Global Awards – Private Equity Manager.
A message from Sean Dowden, the CEO of STAG Fund Management:
"Over the last decade Portugal has become a desired location for global families and high-net-worth individuals. It is a forward-thinking country with evolving legislation and new opportunities and initiatives. In the last few years alone there has been a substantial rise in the number of start-ups and companies moving to Portugal. 2021 was a record year for investment for STAG Private Equity Funds and for the Portuguese Private Equity market in general. STAG Funds attracted investors from more than 30 nationalities around the world, with North America, Britain, and Turkey representing the majority of the Funds raised.
Many of our existing Funds focus on sustainability. During 2022 STAG aims to launch more Funds focused on innovative technology and sustainability.
STAG is delighted to be heavily involved in this exciting time of commercial innovation and entrepreneurship in Portugal. We have established 7 funds which have raised €140 Million under management (our Fund portfolio can be viewed here) and we will continue to analyse new projects and Funds to be launched this year."