IPOS - Private Equity Bounces Back: EQT Raises $24B For Deals Signals Listings Revival | Benzinga
Sweden-based private equity group EQT announced on Tuesday its largest-ever fundraising with €22 billion ($24 billion) in total commitments for its flagship EQT X fund.
This exceeded the company’s target size of $21.6 billion and represented one of the largest private equity funds ever raised, the company said, with investors including pension and sovereign wealth funds, asset managers and private wealth investors.
EQT has focused investments in the healthcare, technology and industrial tech sectors, and the fund has already announced around half a dozen investments since June 2022, including medical and bio pharma transport services group Envirotainer, medical components supplier Zeus and pharma group Dechra Pharmaceuticals.
Per Franzén, EQT head of private capital Europe and North America, said: “We remain focused on backing and futureproofing companies ...