Question: Where are the headquarters of the company that manages the Sporting Portugal Fund?
Context: The Espírito Santo Financial Group (ESFG) is a Portuguese holding company with headquarters in Luxembourg, founded in 1984.  The group represents the interests of the Portuguese "Espirito Santo Group", which has major investments in Portugal and Europe, Americas, Africa and Asia. A Chit fund is a kind of savings scheme practiced in India.  A "chit fund company" is a company that manages, conducts, or supervises such a chit fund, as defined in Section of the Chit Funds Act, 1982.  According to Section 2(b) of the chit Fund Act, 1982: The Wellington Fund was the first balanced mutual fund in the United States, and is one of the oldest surviving mutual funds.  It was established in 1928 by Walter L. Morgan with $100,000 raised from relatives and business people in Morgan's home state of Pennsylvania.  It was originally called the Industrial and Power Securities Company, but was later renamed after the Duke of Wellington.  Wellington Management Company was incorporated in 1933, and while it still manages the Wellington Fund, is a private firm, independent of Vanguard. First Eagle Investment Management is a US investment management company based in New York City that is an adviser to the "First Eagle Funds".  The company manages a number of Investment funds including the First Eagle Global Fund, First Eagle Overseas Fund and First Eagle Fund of America. Sporting Portugal Fund is a Portuguese football investment fund dedicated on Sporting CP players.  It was managed by "ESAF – Espírito Santo Fundos de Investimento Mobiliário S.A.".  At first the fund had 3,000,000 units with €5 each. First Portuguese Football Players Fund was an investment fund dedicated for football.  Unlike Serie A and Premier League, third-party ownership is allowed in Portugal.  Clubs sold part of the economic rights of their current players to the fund for cash to re-invest on new signing.  Clubs also partnered with the fund to sign new players.  It was set up by First Portuguese SGPS S.A., (which in April 2004 was acquired by Grupo Orey to become a major shareholder, via Football Players Funds Management (Cayman) Limited).  and a year later became Orey Financial.  The company also set up Football Fund PSV Management BV in 2006 (but never started business) and forest fund as well as other field. Parpública, officially Participações Públicas (SGPS) S.A., is a state holding company that can be characterized as a National Wealth Fund of the Portuguese Republic.  The company is based in Lisbon, Portugal.  Among its major assets are TAP Portugal, ANA - Aeroportos de Portugal, Águas de Portugal, Imprensa Nacional Casa da Moeda, Companhia das Lezírias and the Estoril Circuit. Sporting Clube da Praia Cruz is a football club that plays in the São Tomé and Príncipe Championship.  The team is based in the island of São Tomé.  The team has won eight national and six island titles and is the third team in history to claim its first title in 1982.  The team currently plays in the island premier division.  Its logo has a shield and is colored green and features a lion with a soccer ball on the left, the abbreviated name is bubbled on the top and the unabbreviated form is at the bottom.  The logo was identical to Sporting Clube de Portugal old logo (also known as Sporting Portugal), the logo is different to other Sporting's logos, examples included Praia, Cape Verde, Bissau, Guinea-Bissau and Luanda, Angola, its logo is that of the town's crest.  Sporting Portugal are the fathering club of Sporting Praia Cruz and its 82nd affiliate. Shelbourne F.C. have a long, illustrious history in European competitions, taking on teams such as Sporting Portugal, Barcelona, Atlético Madrid, Panathinaikos, Rangers, Rosenborg, Brøndby, Hajduk Split, Deportivo de La Coruña, Lille, and Steaua Bucharest. Asia Frontier Capital Ltd. is an investment company created by a management buyout of Leopard Capital by the former CFO and COO, Thomas Hugger, at the end of May 2013.  Leopard Capital Management Ltd. was subsequently renamed Asia Frontier Capital Limited.  The company manages the AFC Asia Frontier Fund, AFC Iraq Fund, and AFC Vietnam Fund.  All funds are open-end funds under the AFC Umbrella fund for US investors or AFC Umbrella fund (non-US) for investors outside from the US.  Investors can subscribe or redeem the funds monthly at net asset value.
Answer: Luxembourg