Addleshaw Goddard advises Qualitas Funds on first secondaries fund

Addleshaw Goddard has advised Qualitas Funds on the structuring and launch of Qualitas Secondary Opportunities I, its first secondaries fund focused on investing in lower mid-market companies across Europe.

The vehicle is structured through FCR and SCRs and will invest in acquisitions of LP interests, GP-led transactions, and late primaries. Through these strategies, the fund aims to access mid-sized companies at more advanced stages, offering potentially shorter return horizons compared with other types of private equity funds.

The Addleshaw Goddard team advising on the transaction was led by funds partner Isabel Rodríguez, with the participation of senior associate Enrique Torné and associate Enrique Aparicio.