Stockholm, July 30, 2022 – EQT, the Swedish private-equity company, announced on Friday that its funds had invested a staggering 10.6 billion euros ($11.9 billion) in the first half of the year. Moreover, fee-generating assets under management saw an impressive 64% increase compared to the previous year.
EQT’s fee-generating assets under management reached EUR126.1 billion at the end of June, up from EUR77.1 billion in June 2022, showcasing the company’s robust growth. Overall, total assets under management stood at EUR224 billion.
During this period, EQT made total gross fund exits of EUR4.3 billion, demonstrating successful investment strategies and profitable portfolio management.
Despite the current market conditions causing some delays in fundraising, EQT remains confident about meeting the ambitious EUR20 billion fundraising targets for both EQT X and EQT Infrastructure VI. Although clients are taking more time to finalize their commitments, EQT Chief Executive Christian Sinding emphasized that interest in the latest generation of funds remains solid.
Looking ahead, EQT is well-positioned with substantial dry powder available in its funds. This enables the company to seize attractive investment opportunities and continue its track record of delivering superior returns.
