Qualitas Funds Embarks on Fund VII with Addleshaw Goddard's Guidance
Funding | Jul 22, 2025 | Addleshaw Goddard

Addleshaw Goddard has advised Qualitas Funds on the structuring and first closing of its inaugural fund of funds program, Qualitas Funds VII. This marks a pivotal step for Qualitas Funds, following its integration into the larger P10 group in April 2025. Qualitas Funds VII will adhere to the firm's existing investment strategy, targeting European lower mid-market funds with strong growth potential and manageable risks. The advisory was led by Isabel Rodríguez, partner and Head of the Funds practice in Spain, along with her team of associates. Qualitas Funds operates as a Madrid-based private markets investment platform, offering access to both fund of funds and direct co-investment opportunities across the European private equity space. It currently manages around 1.2 billion euros in assets and services over 1,300 investors.
Sectors
- Private Equity
- Legal Services
- Investment Management
Geography
- Spain – Qualitas Funds is a Madrid-based investment platform, with the advisory team led from Spain.
- Europe – The fund targets European lower mid-market investments, indicating a broader regional focus.
Industry
- Private Equity – Qualitas Funds operates within the private equity sector, providing fund of funds and co-investment opportunities in the European market.
- Legal Services – Addleshaw Goddard, a legal advisor, is involved in structuring and advisory services for the launch of Qualitas Funds VII.
- Investment Management – The focus on structuring Qualitas Funds VII highlights the firm's activities within investment management, specifically targeting lower mid-market European investments.
Financials
- 1.2 billion euros – The total assets currently managed by Qualitas Funds.
Participants
Name | Role | Type | Description |
---|---|---|---|
Qualitas Funds | Target Company | Company | A Madrid-based private markets investment platform focused on fund of funds and direct co-investment opportunities. |
P10 | Parent Company | Company | The larger entity of which Qualitas Funds became part in April 2025. |
Addleshaw Goddard | Legal Advisor | Company | Provided legal advice and structuring support for the launch of Qualitas Funds VII. |
Isabel Rodríguez | Head of the Funds Practice in Spain | Person | Partner at Addleshaw Goddard leading the advisory for Qualitas Funds VII. |