Investment firm EQT aims to raise €21bn for its seventh global infrastructure fund, an amount that would match its predecessor.
The manager said the final size of EQT Infrastructure VII could be higher or lower than the target depending on market demand, adding that a hard cap will be established at a later date.
In March last year, EQT raised €21.5bn for EQT Infrastructure VI, the previous fund in the series, which closed above its €20bn target, reaching its hard cap and exceeding its predecessor’s €15.7bn fundraising in November 2021.
EQT Infrastructure VI secured capital commitments from institutional investors, including pension funds, sovereign wealth funds, asset managers and insurers in the Americas, Asia-Pacific, Europe, the Middle East and the Nordics.
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