EQT closes EQT V on €4.25bn and EQT Greater China II on $545m

EQT V's commitments are comprised of existing and new investors, from a range of global institutional investors, family offices and endowments from around the world. Of the capital raised in EQT V, approximately 25 per cent was committed from the Nordic region, 30 per cent from the UK and Continental Europe, 25 per cent from North America, and the remainder from the rest of the world. EQT said it had secured important new commitments from Australia, Canada and Japan. Investor AB has committed €500m to the fund.

Conni Jonsson, managing partner of EQT Partners, commented, 'We are very pleased with the long-term relationships we have built with investors in the EQT funds and the loyal investor base that chose to continue to partner with EQT. We are also grateful for the significant vote of confidence from new investors from all regions of the world. With the new fund EQT is well equipped to continue to play a leading and unique industrial role in the Northern European private equity market.'

Investors in EQT Greater China II include global institutional investors, family offices and endowments from the US and Europe. Investor AB has committed a minimum of $200m to the fund.

Winnie Fok, chief executive of EQT Partners Asia, said, 'We are extremely happy to have gained support from such strong and seasoned investors. With well-developed relationships in Greater China, and an extensive international network of industrial partners and advisors, we are well-positioned to deliver on-going success in this dynamic region.'

EQT is a group of private equity funds that manages approximately €10.5bn in equity in ten funds. EQT Partners, acting as investment advisor to all EQT funds, has offices in Stockholm, Copenhagen, Helsinki, Frankfurt, Munich and Hong Kong.

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