Swedish private equity firm EQT Partners will hit the final close of its $800-million Asia-focused fund, EQT Mid-Market Asia III, by end of this year. The fund is already making investments in the region.
“If you look at the mid market, EQT has a US-mid market and a European mid-market fund and the firm has an Asian mid-market fund. At present, the firm has one which is investing in the region with the front cover of $800 million. The final close will be done by end of this year,” a source close to the development told this portal.