19 Nov 2025

Addleshaw Goddard Advises Portobello Capital on Initial Closing of Fund V

"Addleshaw Goddard advised Portobello Capital on the initial closing of Fund V, securing commitments of €300 million towards a €600 million target. The Spanish Official Credit Institute (ICO) committed up to €150 million via the sixteenth Fond-ICO Global call. The first closing enabled Portobello to acquire a majority stake in Portuguese group Dualparts."

Addleshaw Goddard advised Portobello Capital on the initial closing of its Fund V. The closing secured commitments totalling €300 million towards a target fund size of €600 million. Among the investors is the Spanish Official Credit Institute (Instituto de Crédito Oficial – ICO), which has contributed up to €150 million under the sixteenth call of the Fond-ICO Global programme. This first closing has enabled Portobello Capital to complete the acquisition of a majority stake in Portuguese group Dualparts, in line with the firm’s buy-out strategy. Addleshaw Goddard represented Portobello Capital with a team composed by: Funds partners Isabel Rodríguez and María de Orueta; associates Lara Taylor and Aymeric Jean.
Read the full story

Register for free to access daily news.

Register Free
We use cookies to improve your experience, analyze traffic, and serve targeted ads. Read our Cookie Policy.

Cookie Preferences

Customize your cookie settings. Necessary cookies are always enabled.

Strictly Necessary

Required for the website to function (e.g. login, security).

Analytics & Statistics

Help us understand how visitors interact with the website.

Marketing & Ads

Used to deliver relevant ads and track effectiveness.