EQT manages three Northern European equity funds with capital commitments totaling nearly EUR 9 billion: EQT III, EQT IV and EQT V, and two funds that invest in Greater China, with capital commitments totaling approximately USD 900 million: ICP - Asia and EQT Greater China II.

The Equity Funds realize their business concept by acquiring and developing high-quality, medium-sized companies in Europe and China. The Funds preferably make controlling or co-controlling equity investments in companies with strong market positions that:

• have a significant potential for top-line and earnings growth, 
• have a strong cash flow,
• have a solid platform in a proven management team that can retain or attract high-quality management, 
• EQT will be able to make a controlling investment in, 
• operate in industries that are consolidating or changing and
• demonstrate well-defined realization alternatives.

Two of the EQT Equity Funds are active funds looking for new investments:

• EQT V - the Fund executes the same industrial acceleration strategy successfully deployed in prior EQT funds and acquires controlling interests in high-quality, market-leading, medium-sized companies in growing industries in Northern Europe. 
• EQT Greater China II - the Fund focuses primarily on mid-market buy-outs and control investments based in or connected with China, Hong Kong and Taiwan ("Greater China").

The EQT I Fund was wound up in January 2007. EQT II, EQT Finland and EQT Danmark have realized all their investments and are envisaged to be terminated in due course.