EQT has decided to domicile future EQT funds onshore in Europe. Potential new jurisdictions include the UK, the Netherlands and Luxembourg, but also other onshore alternatives, for instance Sweden, will be considered. EQT’s funds are currently domiciled in Guernsey.
A number of steps have been taken within the EU to introduce a harmonised framework for the regulation of alternative investment fund managers, such as private equity. The regulatory environment has been clarified significantly and the framework will enable EQT to domicile future funds onshore.
“EQT has grown rapidly during the last couple of years and is now one of the leading Northern European private equity groups. Today, companies owned by EQT funds have more than 550,000 employees and it is vital for EQT to continue to be accepted in all aspects as a serious and responsible owner and investor. The decision to manage future EQT funds onshore is a natural next step on EQT’s growth path. We believe that EQT’s focus on developing companies aligns well with the interest of all our stakeholders in society,” says Conni Jonsson, CEO of EQT Partners AB, investment advisor to all EQT funds.
