Addleshaw Goddard advised Qualitas Funds on the structuring and first closing of Qualitas Funds VII, the firm’s first fund of funds program, following its integration into P10 in April 2025.

The vehicle will pursue Qualitas Funds’ established investment strategy, targeting European lower mid-market funds focusing on businesses with a strong growth potential and limited associated risk.

The Addleshaw Goddard team advising on the transaction was led by partner Isabel Rodríguez, Head of the Funds practice in Spain, supported by senior associate Enrique Torné and associate Enrique Aparicio.

Qualitas Funds SGEIC, a Madrid-based private markets investment platform, provides access to fund of funds and direct co-investment opportunities across the European private equity landscape. The firm currently manages approximately €1.2 billion in assets and counts on a diversified base of over 1,300 investors.