"As part of the vision "to be the most reputable investor and owner", EQT aims to take the lead in ensuring that investments made today contribute to a cleaner, more inclusive and more resilient tomorrow. We believe that the business community in general and the private equity industry in particular, has a unique ability to drive positive change and thus needs to be part of the solution to the challenges that society is facing."
Christian Sinding, CEO
Good investment and exit activity during the year
Highlights for Jan-
· Good investment activity with total investments by the EQT funds in the period of
· Fee-generating AUM increased to
· Number of full-time equivalent employees and on-site consultants (FTE plus) amounted to 706 (601) at the end of the period, of which FTEs amounted to 645 (527)
· Adjusted total revenue of
· Adjusted EBITDA of
· Adjusted net income of
· Reported basic earnings per share of
EVENTS AFTER THE REPORTING PERIOD
· Investment level in key funds as of
· The target size for the EQT IX fund has been set at
· Given the pace of investments in EQT Infrastructure IV, work has been initiated to ensure that sufficient capital is available for EQT Infrastructure IV to continue to make investments, either by bridging or extending the existing fund or by using the secondary market
· EQT has initiated a review of strategic options for the business segment Credit
· A one-off provision of
· Elevated societal ambitions within three dimensions: Transparency & Accountability, Diversity & Upskilling and Clean & Conscious
DIVIDEND PROPOSAL
· The Board of Directors proposes a dividend per share of
Contact
Åsa Riisberg, Partner & Head of Shareholder Relations, +46 8 506 55 342
EQT Press Office, press@eqtpartners.com, +46 8 506 55 334
This is information that
About EQT
EQT is a differentiated global investment organization with a 25-year track-record of consistent investment performance across multiple geographies, sectors and strategies. With strong values and a distinct corporate culture, EQT manages and advises funds and vehicles that invest across the world with the mission to generate attractive returns to the fund investors.
EQT's talent base and network allow it to pursue a unique value creation approach and thematic investment strategy, with the aim of future-proofing the companies which EQT invests in, creating superior returns and making a positive impact with everything EQT does.
EQT has more than
The
More info: www.eqtgroup.com
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https://news.cision.com/eqt/r/eqt-ab--publ--year-end-report-2019,c3026824
https://mb.cision.com/Main/87/3026824/1192285.pdf
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