Just closed: EQT closes venture fund

EQT has held a final close on its EQT Venture Fund I at €566 million, surpassing the €500 million target. The vehicle, the first of its kind for EQT, will focus on innovative technology companies across Europe.

A diverse group of global investors committed to the fund, with ten percent of the capital originating from key professionals within the firm itself. Investors in the fund include HarbourVest Partners, Ilmarinen, Finnish Industry Investment, the European Investment Fund (EIF), the Fourth Swedish National Pension Fund (AP4), Vaekstfonden and SEB Pension.