What is EQT?
EQT manages 15 funds which are advised by EQT Partners. These funds make private equity investments of various kinds. The core idea for EQT is to help the acquired companies to develop and grow.
How much money has EQT raised?
EQT has raised approximately EUR 20 billion in 15 funds. In total, EQT funds have invested more than EUR 12 billion in around 110 companies.
What type of investments do EQT’s funds engage in?This varies depending on the fund. The Equity funds make controlling or co-controlling equity investments in high-quality, market-leading, medium-sized companies operating in attractive industries. The Greater China Fund has the same approach but invests in Greater China and Southeast Asia. The Expansion Capital funds offer financing solutions with an equity character, while the owner maintains complete control of the company. The Infrastructure Funds invest in primarily existing infrastructure. The Credit Fund invests in debt of operationally sound but over-leveraged medium-sized European companies.
Why does EQT have such a broad investment focus, rather than targeting one or a few sectors in which EQT can become specialists?
EQT’s primary competence is strategic business development, structural changes and financial analysis. In principle, EQT invests in all sectors and companies in which the funds can serve as a catalyst for change to achieve genuine, permanent improvements. EQT has access to sector-specific knowledge through its extensive industrial network. The network is closely engaged in acquiring, managing and exiting investments.
How can EQT contribute to the companies in which it invests?
There are many companies that operate in an attractive industry but lack entrepreneurial drive. The funds invest in or back companies in which they can serve as a catalyst for change, transforming these companies into world leaders by making genuine, permanent improvements. EQT also has an extensive network of experienced Industrial Advisors providing advice, credibility and serve as door openers to our funds and portfolio companies.
Why does EQT prefer to operate in private companies?
EQT creates value in its investments by coaching them to transform into market leaders. Achieving such fundamental improvements requires total commitment from the Board and owners, full attention from management and a quick and expedient decision-making process. This is easier to achieve in private companies.
Who owns EQT and EQT Partners?
EQT manages a number of funds to which investors commit capital for investments in unlisted companies. EQT Partners, the advisor to all EQT funds, is owned by senior professionals who are partners in the company (69%) and by Investor AB (31%).
What is EQT’s position regarding social responsibility?
We are convinced that the best interests of our investors are aligned with those of the companies we own, their customers, their employees and the communities in which they operate. Therefore, while remaining resolutely commercial in all our activities, we always aim to act in a socially responsible manner.
What is EQT’s and EQT Partner's relation to Investor and the Wallenbergs?
EQT, Investor AB and the Wallenberg group of companies have historical ties although EQT is completely independent strategically, financially and operationally. Investor AB was one of the founders of EQT and the advisor to EQT, EQT Partners, in 1994.
Investor AB is a sponsor and anchor investor in all EQT's 15 funds to date. Investor AB’s ownership in each fund varies but is around 10% in the more recent funds. EQT is Investor AB’s largest investment unit in the private equity investment area.
Today, the partners jointly own 69% of the shares in EQT Partners, with Investor AB holding the rest.