EQT raises €10.75bn

The global investment firm closes one of the largest funds ever raised in Europe.

EQT VIII has held a first and final close at its €10.75 billion hard-cap, after less than six months of fundraising. The vehicle will continue to pursue the same strategy as its predecessors, with a primary focus on Northern European healthcare, TMT, services, industrials and consumer goods businesses.

Around 70 percent of the fund’s investor base consisted of existing investors in the previous vehicle.

EQT VII held a final close in July 2015 at €6.75 billion.