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EQT V hard caps fund at EUR 4.25 billion

EQT, a leading Northern European private equity group, is pleased to announce that it has received commitments of EUR 4.25 billion (approximately USD 5.5 billion) for EQT V (the “Fund”).

EQT V’s commitments are comprised of existing and new investors, from a broad range of global institutional investors, family offices and endowments from around the world. Of the capital raised in EQT V, approximately 25% was committed from the Nordic region, 30% from the UK and Continental Europe, 25% from North America, and the remaining from the rest of the world. Significantly, EQT secured important new commitments from Australia, Canada and Japan. In addition, Investor AB is committing EUR 500 million to the Fund.

EQT V will execute the same industrial acceleration strategy successfully deployed in prior EQT funds, making controlling investments in high-quality, market-leading, medium-sized companies in growing industries in Northern Europe.

The Fund will seek to invest in companies where EQT, in partnership with management, can create a specific industrial angle and deploy its unique industrial know-how and network of senior industrialists, to accelerate growth, and create value.

Conni Jonsson, Managing Partner of EQT Partners AB, said: “We are very pleased with the long-term relationships we have built with investors in the EQT funds and the loyal investor base that chose to continue to partner with EQT. We are also grateful for the significant vote of confidence from new investors from all regions of the world. With the new fund EQT is well equipped to continue to play a leading and unique industrial role in the Northern European private equity market”.

MVision Private Equity Advisers acted as global placing agent and Clifford Chance was legal counsel to EQT V.

This press release is not an offer of securities for sale in the United States or any other jurisdiction and interests in the Fund may not be offered or sold in the United States or any other jurisdictions save in accordance with applicable law.

Contact:
Johan Hähnel, Communications & PR,
+46 706 056 334, johan.hahnel@eqt.se