EQT at a glance

EQT is a purpose-driven global investment organization solely focused on active ownership strategies. With a Nordic heritage and a global mindset, EQT has a track record of almost three decades of delivering consistent and attractive returns across multiple geographies, sectors and strategies.

EQT – a purpose-driven organization

EQT – a purpose-driven organization

Purpose

Why we exist

To future-proof companies and make a positive impact.


Vision

What we strive for

To be the most reputable investor and owner.


Mission

What we do and how

With the best talent and network around the world, EQT uses a thematic investment strategy and distinctive value creation approach to future-proof companies, creating superior returns to EQT’s investors and making a positive impact with everything we do.

EQT Group

€0m

in adjusted revenue 2020 29% adjusted revenue CAGR
(last 3 years)


€0m

in adjusted EBITDA 2020 42% adjusted EBITDA CAGR
(last 3 years)


0+

employees with >40 nationalities


0%

electricity from renewable energy sources in EQT’s offices

EQT funds

€0bn

in AUM


0

portfolio companies


0

employees in portfolio companies


0+

fund investors


0

active funds

Offices in
17 countries

  • Amsterdam
  • Berlin
  • Copenhagen
  • Helsinki
  • Hong Kong
  • London
  • Luxembourg
  • Madrid
  • Milan
  • Munich
  • New York
  • Oslo
  • Paris New!
  • San Fransisco
  • Shanghai
  • Singapore
  • Stockholm
  • Sydney New!
  • Tokyo New!
  • Zurich
  • Amsterdam
  • Berlin
  • Copenhagen
  • Helsinki
  • Hong Kong
  • London
  • Luxembourg
  • Madrid
  • Milan
  • Munich
  • New York
  • Oslo
  • Paris New!
  • San Fransisco
  • Shanghai
  • Singapore
  • Stockholm
  • Sydney New!
  • Tokyo New!
  • Zurich

2020

2020

in brief

Key events

  • EQT AB adopted its Statement of Purpose, establishing EQT’s purpose, vision and mission.
  • EQT joined forces with Exeter, creating a global leader in value-add real estate.
  • Credit was divested and EQT is now solely focused on active ownership strategies.
  • EQT joined the Science Based Targets initiative.
  • ESG-linked credit facilities established.
  • EQT Growth invested in Wolt, its first investment, financed via EQT AB’s balance sheet.
  • Offices opened in Paris, Sydney and Tokyo.
  • Ongoing evaluation of long-hold strategy and preparations for APAC strategy announcement.

Key events include 2020 and Q1 2021

  • AUM increased by 46% or by €16.5 bn, to €52.5 bn.
  • Real Estate II closed at €1 bn hard cap.
  • Key funds activated:
    - EQT IX
    - EQT Infrastructure V

Assets under management (AUM)

Letter from the Chairperson

Preparing for what comes next

Conni Jonsson

Founder and Chairperson

Needless to say, 2020 was an eventful year: Australian wildfires, drawn-out Brexit discussions, strained China-US relations, political turmoil which shone new light on long-standing inequalities, and of course, Covid-19. The pandemic sparked a new level of disruption that has shaken societies and economies to the core and the long-term consequences are yet to be seen.

Letter from the CEO

Delivering shareholder value through societal impact

Christian Sinding

CEO and Managing Partner

One of the first things I do when looking ahead to a new year is ask: what can we do better? This is an integral part of EQT’s culture - reflecting on how to continuously improve and drive performance, as individuals, as teams, across the portfolio companies and as a firm. This year, I want to be even bolder and ask: how can we, as an industry, do better and make a greater positive impact?

EQT’s purpose journey

Since inception in 1994, EQT has taken an active ownership approach based on the mindset of being “more than capital”. EQT’s growth and our journey towards making a positive impact are intertwined. Each reinforces the other and as such are essential for our continued success. At EQT, our purpose is to future-proof companies and make a positive impact.

Towards accelerated action and positive impact at scale

  • 2020

    To future-proof companies and make a positive impact

  • 2015

    Increased sustainability awareness

  • 2014

    The most reputable investor and owner

  • 2010

    Early signatory to the PRI

  • 2007

    Core values

  • 1994

    More than capital

Read more about EQT journey towards accelerated action and positive impact at scale.

Business segments

EQT has established six investment strategies (business lines), organized into two business segments – Private Capital and Real Assets. EQT is solely focused on active ownership strategies where EQT can future-proof companies and make a positive impact, and at the same time, leverage the strengths and scalability of EQT’s operating platform.

Private Capital

Private Capital is EQT’s largest business segment with EUR 33.1 billion in AUM, representing 63 percent of EQT’s total AUM. Private Capital comprises four business lines: Ventures, Growth, Private Equity and Public Value. EQT has grown its Private Capital segment rapidly while achieving strong returns throughout its history.

€0.0bn

AUM


0.0x

Realized Gross MOIC1)


0%

Net IRR1)


0

No. of FTE+

1) Includes EQT funds raised prior to 2012 which are not managed by the EQT AB Group, excludes Public Value.

Real Assets

Since its establishment in 2008, the Real Assets segment has grown to EUR 19.3 billion in AUM, representing 37 percent of EQT’s AUM. Real Assets comprises two business lines: Infrastructure and Real Estate. In January 2021, EQT announced it will join forces with Exeter Property Group to create a global champion within value-add real estate.

€0.0bn

AUM


0.0x

Realized Gross MOIC1)


0%

Net IRR1)


0

No. of FTE+

1) Includes EQT funds raised prior to 2012 which are not managed by the EQT AB Group.

Thematic and sector-based approach

EQT applies a thematic mindset in deal sourcing. Guided by underlying macro trends, EQT targets high-quality companies with sustainable growth potential in attractive industries with secular growth drivers and strong downside protection. EQT targets the sectors where EQT’s expertise can make a change and where we can be part of the solution to significant challenges of our time.

Key themes

  • Automation
  • Big data
  • Digitalization
  • E-commerce
  • Sustainability
  • Urbanization
  • Ageing population
  • Connectivity

Key sectors per business segment

EQT Private Capital


  • Healthcare
  • Technology
  • Tech-enabled services
  • Industrial businesses

EQT Real Assets


  • Social infrastructure
  • Telecommunications
  • Energy
  • Transport & Logistics
  • Environmental infrastructure

Thematic investments signed in 2020

Based on investment size

€12.9bn

  • TMT, 59%
  • Healthcare, 19%
  • Transport & Logistics, 8%
  • Services, 6%
  • Industrial Technology, 3%
  • Other, 5%
By combining the thematic investment approach and our purpose of future-proofing companies, we aim to make a positive impact.

Lennart Blecher

Head of Real Assets Advisory Team

A fundamental question we need to ask ourselves is: Does this company make the world a better place?

Per Franzén

Co-Head of EQT Private Equity Advisory Team

Sustainability

By considering sustainability as an integral part of its business model, EQT and the EQT funds’ portfolio companies can identify and capture value creation opportunities as well as mitigate risks. In doing so, EQT will drive change and play an active role in developing regenerative solutions needed for the future.

Clean & Conscious

In 2020, EQT committed to the Science Based Targets initiative to set greenhouse gas emissions reduction targets in line with the Paris Agreement, also covering EQT funds’ portfolio companies. At year end, 31 portfolio companies, in total representing 20,000 sites across 50 countries, had also initiated a detailed energy usage assessment and 19 companies started to evaluate renewable energy alternatives.

Read more in the

Annual and Sustainability Report 2020

Read more in theAnnual and Sustainability Report 2020