Sweden's EQT Partners eyes deeper Asia play with new mid-market fund

Sweden's EQT Partners eyes deeper Asia play with new mid-market fund

Martin Mok, Partner, Head of EQT Mid Market Asia and Investment Advisor to EQT Mid Market Asia III

Swedish private equity firm EQT Partners, which raised its largest-ever buyout fund worth over $13 billion this year, is looking to expand its investment portfolio in the Asia-Pacific region by tapping opportunities in the mid-market and infrastructure spaces. Incidentally, the fund received 24 per cent of its commitments from Asia Pacific investors.

The firm, that is currently said to be on road to raise $800 million for its Asian mid-market fund, also set up a joint venture last year with  Singapore investment company Temasek to scout for deals in the infrastructure space in Asia Pacific. It will allocate funds from its EUR 4 billion Infrastructure III vehicle that it had closed in 2017. Temasek will also spend for the selected deals with EQT, out of its own pocket, a top Asia executive with the firm has said.

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