ActiveCap Capital Partners
Also known as ActiveCap – Capital Partners, SCR, S.A., ActiveCap
Lisbon SCR managing private equity funds for Portuguese companies: growth equity (ActiveCap I, II, I&D II, I&D III), special situations (Alpha Fund) and a Corporate Bond Fund.
- HEADQUARTERS
- Lisbon, Portugal
- FOUNDED
- —
- AUM
- —
- OUTSIDE CAPITAL
- Yes
- TEAM LISTED
- 17 people
FOCUS
- STAGES
- Growth
- ASSET MIX
- Private equityPrivate credit
- GEOGRAPHY
- Portugal
WHAT IT IS
Private Equity Fund. A fund manager investing limited-partner capital into mature private companies.
ABOUT
ActiveCap – Capital Partners, SCR, S.A. is a Lisbon-based private equity fund manager focused on Portuguese companies, taking relevant minority or majority stakes with active participation in management. Its growth-equity funds are ActiveCap I (divesting), ActiveCap II (investing; its investments are part of the PRR-funded Programa Consolidar), ActiveCap I&D II and ActiveCap I&D III; it also runs the Alpha Fund for special situations and structured credit, and an open-ended Corporate Bond Fund. Its portfolio page lists 19 companies invested since 2021, five of them divested (Firmo, Staples, Zumub, Delnext, CLiPER Cerâmica); holdings include Nexx Helmets, Sound Particles, Beyond Vision, OZO Living, PMH and Natstone.
INVESTMENT THESIS
Growth capital for proven, export-oriented Portuguese companies with expansion, innovation or sector-consolidation opportunities, with active board participation; special situations and structured credit via the Alpha Fund.
PORTFOLIO (12)
- PMHNOTABLEHealthTech · since 2025
- OZO LivingNOTABLEConsumer & E-commerce · since 2025
- Sound ParticlesNOTABLESoftware & SaaS · since 2024
- Nexx HelmetsNOTABLEIndustrial & Manufacturing · since 2022
- NatstoneIndustrial & Manufacturing · since 2025
- T&T SoftwareSoftware & SaaS · since 2025
- FabridoceFood & Agriculture · since 2025
- Beyond VisionDeep Tech · since 2024
- TintexIndustrial & Manufacturing · since 2024
- AgrocateFood & Agriculture · since 2024
- ZumubConsumer & E-commerce · since 2021 · Exited (2025)
- CLiPER CerâmicaIndustrial & Manufacturing · since 2024 · Exited (2026)
TEAM
- Pedro Correia da SilvaCEO & Partner · source
- Francisco MartinsPartner · source
- João Ferreira MarquesPartner · source
- Salvador Correia de BarrosPartner · source
- Esmeralda DouradoPresidente do Conselho de Supervisão e de Investimentos · source
- Paulo Pereira da SilvaVogal do Conselho de Supervisão · source
- Filipa Leal da CostaPrincipal · source
- Vasco Cardoso PintoPrincipal · source
- Patrícia Ferreira CruzAssociate · source
- Martim Pereira MadeiraAnalyst · source
- Filipa Maló HipólitoAnalyst · source
- Raquel CostaHead of ESG - Fund Manager · source
- Antea PandolfiInvestor Relations · source
- Sónia MiguelHead of Finance · source
- Ana Sofia SantosHead of Compliance & Risk Officer · source
- Sara PiresPeople & Office Manager · source
- Inês MagriçoCorporate Social Responsability Advisor · source
LINKS
FAQ
ActiveCap Capital Partners is a private equity fund based in Lisbon, Portugal.
Yes. ActiveCap Capital Partners invests directly in private companies.
ActiveCap Capital Partners invests at Growth stage in Industrial & Manufacturing, Consumer & E-commerce, Food & Agriculture, HealthTech and Software & SaaS.
Key people at ActiveCap Capital Partners include Pedro Correia da Silva (CEO & Partner), Francisco Martins (Partner), João Ferreira Marques (Partner) and Salvador Correia de Barros (Partner).
ActiveCap Capital Partners's investments include PMH, OZO Living, Sound Particles, Nexx Helmets, Natstone, T&T Software, Fabridoce and Beyond Vision, among others.
The most recent publicly reported investment by ActiveCap Capital Partners is Natstone (Growth equity (ActiveCap II)), announced in Feb 2026.
ActiveCap Capital Partners states that it accepts submissions through its official contact page.
Yes. ActiveCap Capital Partners manages capital from outside investors.