How is Portugal’s private equity market performing?

In 2024, Portugal’s private equity market reached €3.7 billion across 108 transactions, the highest deal volume of the decade, with international investors accounting for 98% of deal value.

Which sectors lead private equity deals in Portugal?

The leading sectors were IT, energy and natural resources, financial services, and consumer industries, which together represented about 70% of deals in 2024.

What regulatory changes support private equity growth in Portugal?

Decree-Law No. 27/2003 created a unified asset-management framework, shortened fund setup timelines, and removed the minimum investment requirement, while EU sustainability rules (SFDR, Taxonomy, CSRD) also shape market practices.

How does Portugal compare with Europe and the US?

Portugal is smaller but one of Europe’s fastest-growing markets, with domestic PE assets under management doubling since 2015. It contrasts with the US, where large-scale buyouts dominate, and Northern Europe, where markets are larger but more mature.

Why consider diversification via Portuguese private equity funds?

Private equity funds in Portugal provide geographic diversification into Southern Europe, sectoral diversification across IT, renewable energy, and consumer industries, and exposure under EU governance standards.

Close-up of business professionals reviewing financial data on a tablet and taking notes in a notebook during an investment meeting.

FUNDS

The Dynamics of the Private Equity Market in Portugal: Trends, Regulation, and the Case for Diversification

GET IN TOUCH INITIAL CONSULTATION

Cristóvão Matos

Managing Director

Nomera Capital

Published: Sep 30, 2025Updated: Sep 30, 2025