Invalda INVL, launched a new feeder fund, which will invest in the EQT X fund established by EQT. EQT X has a target size of EUR 20 billion, will mainly invest in European and US companies in the healthcare, technology, and business services sectors. The INVL Partner Private Equity Fund I, a closed-end fund for informed investors of the asset management company INVL Asset Management, is starting operations following approval of the rules of the sub-fund by the Bank of Lithuania.

The private equity funds managed by EQT have a historical average annual net return of 22% since 1995. EQT's private equity investments are managed by 145 investment professionals. EQT had assets under management of EUR 115 billion at the end of September 2022.

Its Luxembourg-registered EQT X fund, which started up last year and in which the INVL Partner Private Equity Fund I will invest directly, had raised EUR 15 billion as of the end of 2022 and aims to raise that amount to EUR 20 billion. Together with the launch of INVL Partner Private Equity Fund I, the offering phase for the fund's investment units is beginning and will continue until the end of March. In Lithuania, the fund's units are distributed by INVL Financial Advisors.

The minimum investment amount is EUR 125,000. The length of the fund is 15 years. The INVL Partner Private Equity Fund I targets an average annual net return of about 15%.