
EQT establishes holding company
EQT has established EQT Holdings AB, under which it will organise its operations, fund administration and investments in general partners.
The establishment of EQT Holdings follows last year's decision to manage all funds established in 2012 and onwards onshore in Europe, such as in the Netherlands, Luxembourg and the UK.
The new structure also enables EQT Holdings to generate a buffer across business cycles.
EQT Holdings will be 81% owned by partners of investment adviser EQT Partners. The remaining 19% will be owned by Investor AB, which will exchange its current 31% in EQT Partners for the ownership stake in the new holding company.
The aim with the new corporate structure is to increase transparency and to better align with various stakeholders. Based in Stockholm, Conni Jonsson is the CEO of EQT Holdings.
The holding company will have an independent board of directors and a Nordic governance structure.
In the future, EQT is looking to establish funds in the Nordic countries as well, said Jonsson.
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