Find Gold
in the Silver
Economy

Discover a fund that leads
the way in Europe’s fastest
growing industry
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Our mission

Villanova’s mission is to provide stable and predictable returns to its investors, based on its expertise and experience in operating and improving the quality and efficiency levels of senior care.
OpCo > Operation Company
Variable Income associated
with performance
Main investment areas
Senior Living
Villanova is a trendsetter in investment in high end nursing homes, where there is currently a considerable gap between supply and demand in Portugal, that will most likely increase as the population ages (Portugal is consistently in the top 4 of population with highest average age in the World).
The investments in the senior living space comprise both new projects and acquisition of existing residencies, where value is increased both through the fund’s operational expertise and by benefiting from economies of scale.

Outlook and Opportunities

Villanova was created by a group of investor-operators, experienced investors in real estate, with decades of accumulated experience in commercial and residential segments, who also own and operate the businesses that generate the assets’ income, such as nursing homes and office buildings.
This means not only our partners invested their own money, making their interests entirely aligned with outside investors, but also that they have the necessary expertise and experience to ensure predictable and sustainable returns in the short and long term.

Core Partners

Villanova’s success is based on the BF Group’s decades of operational experience in different businesses.
Jorge Fonseca and António Silva Founder and CEO of BF Group, Villanova Core Investors
BF Group
The group’s origins can be traced back to 1983, when founder Jorge Fonseca created his first marketing services company in Toronto, Canada. Since then, BF hasn’t stopped growing and diversifying its operations across the globe. In the past 20 years, the original marketing services division acquired over 4 million clients for its business partners and spread in over 100 cities in Europe and the Americas, and the group has successfully ventured into real estate, healthcare, consumer products, hospitality and senior living, where it is one of the main operators in the Portuguese market.

Track Record

For over 30 years, the BF Group’s solid growth trajectory has allowed it to successfully diversify its business portfolio, initially with real estate, and in the past decade with a move to other high growth potential businesses, particularly hospitality and senior living.

Portfolio

Villanova acquired what was previously BF Group’s businesses in the senior living space, under the Momentus Sénior brand, that began in 2015 with the purchase of 2 senior homes, whose quality and efficiency has been considerably improved since then.
Since 2024, the portfolio also includes a new state-of-the-art facility in Cascais, an affluent area close to Lisbon that is currently underserved in high end senior homes, and 2 new acquisitions that will be incorporated in the fund by the end of the year, reinforcing Momentus Sénior as one of the leading brands in this sector.
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The Opportunity: Silver Economy

Every major trend brings countless opportunities. The increase of life expectancy, particularly in developed countries, and the growing needs of the senior population, are creating an enormous amount of value in the Silver Economy.
Ageing in Portugal
2009
118
Seniors for every 100 young people
2019
161
Seniors for every 100 young people
2060
307
Seniors for every 100 young people
The Villanova Fund presents a unique opportunity to benefit from this growing sector, with investments focused on Portugal, one of the fastest aging countries in the world and a safe and predictable environment for investment.
Villanova’s growth strategy includes an investment of approximately 30 million Euros until 2026 (100 million until 2030). With one entirely new upscale Senior living community launched in 2024 and 2 units due for acquisition and renewal, this will represent a growth of over 100% in senior beds under management by 2025.

In the medium term, the expansion plan for will be based both on building new units and purchasing and improving existing ones, and aims at reaching a threshold of over 1.000 senior living beds under operation until 2030.
Momentus Senior Ávila
Momentus Senior São Miguel
Momentus Senior Cascais
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How to invest

Interest parties can invest through Villanova FCR, a registered Private Equity Fund supervised by the CMVM (Portuguese supervision authority) and independently managed Lynx Asset Managers, a certified Asset Management Company.
With an initial 60M€ under management, the fund has two types of participation units (UP), 25 million type A, 5 million type B units and 30 million type C units.

Type C Units are available for new investors from June 2023 and provide a fixed yearly yield of until 2030, plus a loyalty bonus for investors that stay until maturity. Investors can benefit from a put clause that ensures a buyback of their units by the fund at the initial price.
2023
-
Investment
2026
-
Put Clause in Effect
2030
-
Maturity

Fund Management

As a Private Equity Fund (FCR), Villanova is supervised by the Portuguese Securities Market Comission (CMVM) and audit entities and is managed by an independent asset management company, Lynx Asset Managers.
Lynx was founded in 2008 by a group of experienced asset management professionals, and manages over 1.2 billion euros of third party assets and funds.

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