Investment firm EQT has set a €20bn fundraising target for its latest global infrastructure fund.
The amount expected to be raised for the EQT Infrastructure VI fund exceeds the €15.7bn raised for EQT Infrastructure V, EQT’s predecessor fund which closed in November last year.
EQT Infrastructure VI’s actual fund size is dependent on the outcome of the fundraising process and may be higher or lower than the target size, the manager said.
The EQT Infrastructure VI fund’s investment strategy and commercial terms are expected to be materially in line with the predecessor fund EQT Infrastructure V, EQT said.
The predecessor fund mostly invests in Europe and North America and targets sectors like energy, environmental, transportation, logistics, social and telecommunications.
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