EQT Infrastructure V holds final close – reaches hard cap with continued strong investor support
The EQT Infrastructure V fund holds final close at EUR 15.7 billion in fee-generating assets under management, fortifying EQT’s position as one of the leading infrastructure investors globally
Strong demand from a well-diversified, global group of existing and new investors, with a 99 percent re-up rate from the predecessor fund based on committed capital and 68 percent based on the number of investors
Continued strong investor support for EQT Infrastructure’s purpose-driven and thematic investment strategy
EQT is pleased to announce that the EQT Infrastructure V fund (the “Fund”) has held its final close at EUR 15.7 billion in fee-generating assets under management. The fundraising, led by EQT’s in-house Capital Raising and Client Relations team, was launched in July 2020 and active fundraising efforts were materially concluded during Q2 2021.
The fundraising for EQT Infrastructure V resulted in a 99 percent re-up rate from the predecessor fund based on committed capital and 68 percent based on the number of investors. The strong demand demonstrates the continued support for EQT Infrastructure’s thematic investment strategy, focused on backing companies within its core sectors: energy, transport & logistics, environmental, digital, and social infrastructure.
The Fund is backed by a well-diversified, global investor base consisting of pension funds, insurance companies, sovereign wealth funds, financial institutions, endowments, foundations, family offices, and private wealth platforms, among others.
Lennart Blecher, Head of Real Assets' Advisory Teams and Deputy Managing Partner, said, “We are humbled by the confidence the investors have placed in us, and we see the successful fundraising as a testimony to EQT’s purpose-driven and thematic approach to infrastructure investing. Looking ahead, we have a strong pipeline of interesting opportunities within energy transition and decarbonization, digital, environmental, and social infrastructure on both sides of the Atlantic, as well as the potential for select investments in Asia-Pacific.”
Christian Sinding, CEO and Managing Partner, added, “EQT Infrastructure has over the years evolved into a truly global platform that is actively developing mission-critical infrastructure assets that provide essential services to societies around the world. The closing marks yet another milestone on this journey, and it will allow EQT Infrastructure to continue to execute on sustainable transformation within its core sectors.”
The Fund made its first transaction in August 2020 and has since then invested in 12 portfolio companies. The investments are in line with EQT Infrastructure's strategy of backing companies that provide essential services to society and can make a positive impact in their respective sectors. The portfolio companies include ferry line operators Molslinjen and Torghatten in the Nordics, energy transition companies Covanta and Cypress Creek in North America, as well as digital infrastructure operators Deutsche Glasfaser, DELTA Fiber, and Fiberklaar, and social infrastructure companies Colisee and Meine Radiologie/Blikk in Continental Europe.
EQT Infrastructure V is currently approximately 60-65 percent invested, subject to customary regulatory approvals (including closed and/or signed investments, announced public offers, if applicable, and less any expected syndication).
Contact
EQT Press Office, press@eqtpartners.com, +46 8 506 55 334