|
Laxman Pai, Opalesque Asia: Swedish global investment organization EQT AB said it has set the hard cap for investor commitments at EUR 21 billion ($22.5 billion) for its EQT Infrastructure VI fund.
The private equity firm, which disclosed in September last year that it expected the target fund size for EQT Infrastructure VI to be EUR 20bn, said in a press release that the hard cap refers to an upper limit on the amount of investor commitments accepted as part of the fund.
The actual fund size is dependent on the outcome of the fundraising process, EQT added.
The manager raised EUR 15.7bn for EQT Infrastructure V, EQT's predecessor fund which closed in November 2021. The investment firm said that the fund's investment strategy and commercial terms are expected to be materially in line with the predecessor fund EQT Infrastructure V.
According to the company sources, EQT Infrastructure VI will focus on five primary sectors: digital, energy, transportation and logistics, environmental, and social themes. Investments will be located predominantly in Europe and North America (with an ability to invest in other countries outside these regions, with an Asia Pacific focus).
The vehicle will primarily target control and co-control value-add equity investments in operating assets with strong growth potential and opportunities for operational improvements and/or strategic repositioning. It will seek to deploy EUR 200 million to EUR 1 billion ($216 million to $1.08...................... To view our full article Click here
|
RSS
