EQT Asia Update – Annual Review 2016 now available in Mandarin
Click here to read this EQT Update in Mandarin.
EQT Partners opened its first office in Asia over 10 years ago but it feels much longer. Perhaps because Investor AB, sponsor and anchor investor in EQT funds, established its presence in Asia already in the mid 1980s? Or maybe because companies fully or partly owned by the Wallenberg family have had a presence in Asia for much longer.
Regardless, EQT’s ambitions in Asia are for the long-term and today, there are three offices in the region; Hong Kong, Shanghai and Singapore. EQT funds have invested in 18 companies and deployed more than 1 billion USD in capital. The most recent investments are Hong Kong-based premium packaging and display solutions service provider GPA Global and the leading premium “English Learning Teaching” service provider ILA Vietnam. There are vast investment opportunities in Asia and experience shows that EQT’s governance model, growth-focused strategies and industrial approach suit well also for Asian companies.
With an enhanced team of 15 Investment Advisory professionals and a strong line-up of local, independent Industrial Advisors, EQT has a firm commitment to Asia. The governance structure has also been strengthened recently: Hong Kong-based Partner Martin Mok has been appointed member of EQT’s Executive Committee and last year, Johan Bygge (previously COO at EQT and with prior 20 years’ experience as an executive within Electrolux, where he headed the company’s Asian markets between 2001 and 2006) relocated to Hong Kong to take on the role as Chairman EQT Asia Pacific.
Earlier in September, it was announced that EQT Infrastructure will team up with Temasek, a Singapore-headquartered investment company and one of the most respected and well-recognized institutions in the region. The partnership will offer unique opportunities for EQT Infrastructure in terms of market knowledge and local networks, and adds to the overall ambitions for EQT in Asia.
Click here to access the EQT Annual Review 2016 in Mandarin.