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|Conni Jonsson - Chairman|
|Products||Investments, private equity funds|
Number of employees
EQT is a Swedish private equity group of 27 funds with EUR 50 billion in raised capital. Together with a network of industrial advisors, the firm invests in private equity, mid market, infrastructure and credit in Nordic countries, DACH, Greater China and North America, with a focus in industrials, consumer goods, technology, media and telecommunications, health care and services.
The company was founded in 1994 by SEB, AEA Investors, and Investor AB, the holding company of the Wallenberg family. EQT Partners is the investment advisor to all the group's funds. It has around 540 employees, of which approximately 330 are within the investment advisory teams. The firm and its affiliates have offices in Amsterdam, Copenhagen, Frankfurt, Guernsey, Helsinki, Hong Kong, London, Luxembourg, Madrid, Munich, New York, Oslo, Shanghai, Singapore, Stockholm and Zurich. The group has invested more than EUR 50 billion in around 210 companies and exited around 105.
In February 2018, EQT secured 10.8 billion euros ($13.3 billion) for its eighth fund. This amount surpassed the firm's target of 8 billion euros and was greater than its seventh fund, which closed in 2015 with 6.75 billion euros.
In October 2017, EQT purchased medical device company Clinical Innovations from the Pritzker Group for $250 million.
In July 2018, EQT purchased SUSE Linux for 2.5 billion USD. The non-profit arm of the corporation that develops openSUSE will continue to act independently from the stockholders in the corporation.
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