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Swedish investment firm EQT has successfully raised €22 billion ($24 billion) for its largest-ever private equity fund, marking a significant achievement in a challenging fundraising market. This new fund, EQT's tenth flagship fund, is noted as the third-largest buyout fund ever raised by a European asset manager. The increase in the fund's size, approximately 40%, is particularly noteworthy given the current market conditions. Wealthy investors played a substantial role in the fund's limited partner base, aligning with a broader trend in private equity investments.
In a slow fundraising market, EQT’s tenth fund is its biggest ever at $24 billion. https://t.co/XybwlOq7M1
At about $23.5 billion, @eqt's newest and largest fund comes in as Europe's third-largest buyout vehicle ever. Wealthy investors were a bigger part of the mega-fund's LP base, matching a growing PE trend. https://t.co/6pIPFGcnQS https://t.co/RNHG6i7iVt
We’re thrilled to announce the close of our second private equity fund, propelling our total assets under management to $240M! Excited to continue driving positive impact across the #healthequity, #climatetech, and #economicopportunity sectors. https://t.co/sDsZkdPF19