EQT has held the final close of EQT IX at EUR15.6 billion in fee-generating assets under management, marking EQT’s first key fund closing since EQT AB’s public listing in 2019.
EQT IX was launched in January 2020, made its first investment in July, and is currently 40-45 per cent invested.
The commitments into the Fund represent a well-diversified group of investors across Europe, the Nordics, Asia, North America and the Middle East, representing pension funds, sovereign wealth funds, asset managers and high-net-worth individuals. Approximately 70 percent of the commitments to EQT IX were made by investors in the predecessor fund.
EQT IX will continue the investment strategy of the previous EQT Private Equity funds, focusing on high-quality companies with strong development potential to leverage the EQT value creation toolbox, global platform, digitalisation experience and proven governance model to drive performance.
Read more at Private Equity Wire
