EQT nears closing for EQT X buyout fund; target is 21.5b EUR

EQT nears closing for its EQT X buyout fund, amassing nearly €20bn for its latest flagship vehicle. Originally slated for closure by the end of 2023, the fund has already secured commitments totaling €19.8bn, anticipating a final close in Q1 2024, close to its €21.5bn hard cap. Despite acknowledging extended fundraising timelines, EQT achieved a first close for EQT Infrastructure VI during the summer, surpassing half of its fundraising goal. Simultaneously, fundraising efforts persist for various initiatives, including EQT Future, EQT Exeter US Multifamily Value II, EQT Exeter Europe Logistics Core-Plus II, and EQT Active Core Infrastructure.