EQT launches €350m credit fund
EQT has successfully closed the EQT Credit fund with commitments of €350m.
The fund will focus on investments in the debt of over-leveraged but operationally sound mid-sized European companies. EQT Credit will look to be a mid to long-term investor and has the ability to make investments in the secondary market as well as providing new funds.
The fund has received commitments from a large number of existing investors is addition to new global investors. MVision Private Equity Advisers acted as global placing agent during the fundrasising process.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Viktor Lundvall on +44 20 7004 7476 or viktor.lundvall@incisivemedia.com
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