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    EQT   SE0012853455


Real-time Estimate Quote. Real-time Estimate Cboe Europe - 01/21 05:28:43 am
396.75 SEK   -3.26%
01/19GLOBAL MARKETS LIVE : Bank of America, ASML, Intel, Oracle, Burberry...
01/19EQT AB to Seek M&A
01/19EQT Invested EUR20.6 Billion in 2021; Assets Under Management Rose 40%
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

EQT Invested EUR7.7 Billion in 3Q, Assets Under Management Up 51%

10/20/2021 | 12:11am EST

By Dominic Chopping

STOCKHOLM--Swedish private-equity firm EQT AB said Wednesday that its funds invested 7.7 billion euros ($8.96 billion) during the third quarer, with assets under management rising 51% on the year.

EQT said assets under management rose to EUR70.3 billion at the end of September from EUR46.5 billion at the end of September 2020. Total gross fund exits in the quarter amounted to EUR4.9 billion.

The company also announced the launch of EQT Future fund, targeting longer-hold investments in mature companies with market-shaping impact potential.

Former Unilever PLC Chief Executive Paul Polman and Investor AB Chairperson Jacob Wallenberg will co-chair the EQT Future Mission board, it added.

The EQT Future fund will have a target size of EUR4 billion.

"Soon, we will complement this with a longer-hold fund focused on infrastructure," EQT Chief Executive Christian Sinding said.

In terms of EQT's fundraising efforts, the company said it continues its good momentum, but it is also experiencing strong competition for high-quality assets.

"However, EQT has an attractive investment pipeline covering all strategies and geographies and a solid platform for continued and sustainable growth," Mr. Sinding said.

EQT has 27 active funds within two business segments--private capital and real assets.

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

(END) Dow Jones Newswires

10-20-21 0211ET

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01/19EQT FY21 Profit Nearly Triples as Management Fees Drive Revenue
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01/18EQT Aims for $22.7 Billion Fund Size for EQT X
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Analyst Recommendations on EQT AB (PUBL)
More recommendations
Sales 2021 1 461 M 1 655 M 1 655 M
Net income 2021 796 M 902 M 902 M
Net cash 2021 628 M 711 M 711 M
P/E ratio 2021 48,7x
Yield 2021 0,96%
Capitalization 38 770 M 44 377 M 43 915 M
EV / Sales 2021 26,1x
EV / Sales 2022 20,9x
Nbr of Employees 938
Free-Float 35,7%
Duration : Period :
EQT AB (publ) Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends EQT AB (PUBL)
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus HOLD
Number of Analysts 10
Last Close Price 39,29 €
Average target price 44,63 €
Spread / Average Target 13,6%
EPS Revisions
Managers and Directors
Christian Otto Sinding Chief Executive Officer & Managing Partner
Kim Henriksson Chief Financial Officer
Yngve Conni Jonsson Director
Caspar Mats Andreas Callerstr÷m Chief Operating Officer & Deputy CEO
Edith W. Cooper Independent Director
Sector and Competitors