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EQT VII closes at EUR6.75bn

EQT’s seventh fund for private equity investments focused primarily on Northern Europe, EQT VII, has been closed at the hard cap of EUR6.75 billion on 31 July, 2015.

Interest from both existing and prospective investors was strong and the fund was significantly oversubscribed. More than 70 per cent of the commitments to EQT VII were made by investors in prior EQT funds, confirming the strength of being an integrated alternative investment firm with a broad offering of investment strategies.

Despite the strong demand, EQT has remained committed to raising an appropriately sized fund to be deployed in line with EQT VII’s objectives of delivering value to investors, by investing in high-quality companies that develop into strong and sustainable businesses under EQT’s ownership. EQT’s proven governance model will be applied to investments, and the expertise of both the Equity investment advisory team at EQT Partners and the business and industry specialists from the EQT Industrial Network will be utilised.

“We are proud, yet humbled, by the positive reception and strong support for EQT VII among both existing and new investors. It confirms the trust investors have in EQT’s industrial approach and strategy of investing in the development of healthy, future-proof businesses in a responsible manner. The fundraise fortifies EQT’s position as a leading integrated alternative investment firm and is also an important milestone in EQT’s long-term growth strategy,” says Thomas von Koch (pictured), Managing Partner at EQT Partners.

Christian Sinding, Head of Equity at EQT Partners, Investment Advisor to EQT VII, continues: “EQT’s growth-oriented approach of investing in high-quality businesses has since inception generated impressive annual growth across the companies within the Equity investment strategy. I believe continued use of the more than 20 years of experience EQT has investing in the support and development of companies, through various business cycles, will continue to generate strong and sustainable value for both EQT’s portfolio companies and investors.”

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