19 Nov 2025

Addleshaw Goddard Advises Portobello Capital on Initial Closing of Fund V

"Addleshaw Goddard advised Portobello Capital on the initial closing of its Fund V, securing €300 million in commitments. The fund targets €600 million and includes up to €150 million from the Spanish Official Credit Institute (ICO) via the Fond-ICO Global programme. 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, securing commitments totalling €300 million. The vehicle has a target size of €600 million and includes, among other investors, participation by the Spanish Official Credit Institute (Instituto de Crédito Oficial – ICO), which has contributed up to €150 million through the sixteenth call of the Fond-ICO Global programme. This first closing has enabled Portobello Capital to carry out the acquisition of a majority stake in Portuguese group Dualparts, in line with its buy-out strategy. Addleshaw Goddard represented Portobello Capital with a team composed by: Isabel Rodríguez (Funds partner), María de Orueta (Funds partner), Lara Taylor (associate) and Aymeric Jean (associate).
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.