EQT Infrastructure V Fund hits EUR12.5 billion target

EQT has held its first closing for the EQT Infrastructure V fund, reaching approximately EUR12.5 billion (US$14.9 billion), corresponding to the previously communicated target fund size. The actual fund size remains dependent on the final outcome of the fundraising process. Active fundraising efforts are expected to be materially concluded in H1 2021.

As previously communicated, the EQT IX fundraising is materially concluded. The expectation is that the fund will have its final closing during Q2 2021, reaching its hard cap of EUR15 billion (US$17.8 billion).