EQT Growth I raises €2.2bn

The Stockholm-headquartered firm closed its first growth fund, based in Europe.

Fund name: EQT Growth I
Amount raised: €2.2 billion
Target size: €2.0 billion
Stage of fundraising: Final close
Final close date: September 2022
Time on the road: 20 months

EQT has held a final close for its EQT Growth I fund on €2.2 billion. The fund will invest in the TMT sector in Europe and the Middle East, with a focus on tech including enterprise, consumer/prosumer, health and climate.

It is backed by a global group of investors including pension funds, sovereign wealth funds, asset managers and high-net-worth individuals from across Europe, Asia, North America and the Middle East.

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