High above Stockholm’s skyline, Sweden’s EQT Partners is plotting the next chapter in its rapid rise from a Nordic-focused investor to the world’s seventh-biggest buyout firm, with a focus on growth in the Asia Pacific region.
With 40 billion euros ($45 billion) under management, EQT has quietly transformed itself since its launch in 1994 from an investment arm for Sweden’s influential Wallenberg family into Europe’s second-largest private equity (PE) fund behind Britain’s CVC.
