By Dominic Chopping


STOCKHOLM--Swedish private-equity company EQT AB said Thursday that its funds invested 5 billion euros ($5.03 billion) in the first half of 2022, with assets under management rising 8.1% on year.

EQT said assets under management rose to EUR77.1 billion at the end of June from EUR71.3 billion at the end of June 2021. Total gross fund exits in the year amounted to EUR3.7 billion.

"The war in Ukraine has accelerated the slow down in the global economy and introduced new challenges and risks," EQT Chief Executive Christian Sinding said.

"Public markets have seen a sell off, the financing markets are more restrictive, and as a result, activity levels in private markets have slowed down."

EQT is continuing to prepare its portfolio companies for a downturn, while actively evaluating new investment opportunities, the company said.

EQT has 36 active funds within two business segments: private capital and real assets.


Write to Dominic Chopping at dominic.chopping@wsj.com


(END) Dow Jones Newswires

07-14-22 0227ET