Qualitas Equity raises €100m

The Madrid-based alternative investment management company closes second Europe-focused fund of funds at hard-cap.

Qualitas Funds II has held a final close at its €100 million hard-cap, surpassing its target of €70 million. Qualitas Equity‘s second Europe-focused fund of funds invests in primary private equity funds, secondary fund opportunities and co-investments in lower mid-market private equity managers. Overall, the fund aims to invest in 15 to 16 private equity funds and a further 10 to 20 co-investments.

The firm plans to launch Qualitas Funds III in the first half of 2019.