- The EQT Future fund closes at
EUR 3 billion (USD 3.3 billion ) in total fund commitments, with total fee-generating commitments to the strategy, which includes co-investments, totalingEUR 3.6 billion (USD 3.9 billion ) - This brings the combined final closes by the EQT Private Equity platform in 2024 to more than
EUR 25 billion (USD 27 billion ) in total commitments, following theEUR 22 billion (USD 24 billion ) close of EQT X - EQT Future is a private equity strategy that invests in two themes: Climate & Nature and Health & Wellbeing. Its innovative approach enables EQT Private Equity to hold companies for longer, leveraging EQT's proven active ownership approach and a tailored impact management and measurement toolbox to drive attractive downside protected returns
EQT is pleased to share that EQT Future (or the "Fund") has held its final close. The Fund raised
An integrated part of EQT Private Equity, EQT Future backs robust and downside-protected business models in two thematic areas: Climate & Nature and Health & Wellbeing. By adding a tailored impact management and measurement toolbox and having a more flexible investment mandate, it aims to innovate on EQT's proven approach and create long-term value in its portfolio. The Fund is Article 9 accredited and has innovated around ways to align sustainability with financial returns, linking carried interest to sustainability targets.
The Fund received commitments from investors across the
Per Franzén, Head of Private Capital Europe &
The Fund is currently circa 40-45 percent invested across three high-quality, downside-protected companies, which all show strong underlying earnings growth and are realizing their impact potential:
- Global pest-control service provider Anticimex offers a biocide-free digital solution, paving the way for a sustainable pest control industry and contributing to curbing biodiversity loss
Bloom Fresh International develops innovative disease-resistant varieties of fruit, reducing the use of fungicides that have a negative impact on soil health, ecosystems and human health, while increasing the agricultural output and shelf life of the fruits-
Pioneering autoinjector developer
SHL Medical enables advanced drug self-administration for greater patient autonomy, thereby reducing the burden on healthcare systems
Management fees for the Fund are charged on invested capital during its full term. This means that management fees will be charged only as and when investments are made by the Fund. Co-investment figures included are invested capital that is fee and carry-paying.
Contact
EQT Press Office, press@eqtpartners.com, +46 8 506 55 33
About EQT
EQT is a purpose-driven global investment organization focused on active ownership strategies. With a Nordic heritage and a global mindset, EQT has a track record of almost three decades of developing companies across multiple geographies, sectors and strategies. EQT has investment strategies covering all phases of a business' development, from start-up to maturity. EQT has EUR 232 billion in total assets under management (EUR 130 billion in fee-generating assets under management), within two business segments -
With its roots in the Wallenberg family's entrepreneurial mindset and philosophy of long-term ownership, EQT is guided by a set of strong values and a distinct corporate culture. EQT manages and advises funds and vehicles that invest across the world with the mission to future-proof companies, generate attractive returns and make a positive impact with everything EQT does.
More info: www.eqtgroup.com
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