EQT raises €1.6bn

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EQT has raised €1.6 billion for its EQT Mid Market Europe. The Stockholm-headquartered firm has set a €1.6 billion hard-cap and began fundraising in 2015.

Investors that committed to EQT Mid Market Europe include GoldPoint Partners, the Teachers' Retirement System of the State of Illinois and UBS Asset Management.

The fund will target buyout opportunities in a diverse number of sectors in Northern Europe.