Portobello Capital has raised €500 million to date for its Portobello Capital Fondo IV. The Madrid-headquartered firm has set a €600 million target and began fundraising in 2017.
Its previous fund raised €375 million in 2014.
Investors that committed to Portobello Capital Fondo IV include the Raytheon Pension Fund and Quest Fund Placement.
The fund will target buyout opportunities in a diverse number of sectors in Spain and Portugal.
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