Addleshaw Goddard advises Eighteen48 Partners on €175m first close of independent sponsor-focused fund

Addleshaw Goddard is pleased to have advised Eighteen48 Partners, a leading European investment office and alternative fund manager, on the successful €175 million first close of its inaugural private equity fund.

The fund will focus on mid-market buyout opportunities across Europe, supporting high-quality businesses with strong growth potential, sourced through independent sponsors.

The successful close marks a significant milestone for Eighteen48 as it builds its position in the European private equity market. It also reflects the continued momentum in the independent sponsor landscape across Europe.

Addleshaw Goddard provided comprehensive legal support to Eighteen48 throughout the fundraise, drawing on its deep experience in private funds. The multidisciplinary team advised on fund structuring, investor negotiations and regulatory matters.

Jan Gruter, Head of Addleshaw Goddard’s Private Funds Group, added:

“We are delighted to have supported Eighteen48 on this important fundraise and first close, which was executed efficiently and at pace. The development of the independent sponsor landscape in Europe is remarkable, and we continue to see strong momentum from both GPs and LPs. Eighteen48 is well positioned to capitalise on this opportunity – congratulations to the team.”

The Addleshaw Goddard team was led by private funds partner Jan Gruter, supported by counsel Harrison Dans, managing associate Kemi Greene and associate Romain Galand. Tax advice was provided by partners Zoe Fatchen and Jean-Luc Dascotte.

Note to editor:

This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to purchase any securities. Any such offering will be made only in accordance with applicable laws to eligible investors pursuant to confidential offering materials. Past performance is not indicative of future results.