Global private equity fund manager EQT Partners announced on the 28th that it closed the fundraising for its representative fund, 'EQT Infrastructure Fund VI,' totaling €21.5 billion (approximately 33.9 trillion won).
Fund VI raised 35% more than Fund V, which was established in 2021 with €15.7 billion. It attracted funds from global institutional investors across various regions, including North America and the Asia-Pacific, as well as from high-net-worth individuals.
EQT plans to provide essential services to society through Fund VI and invest in corporations with stable or growing fundamental demand. It prefers infrastructure corporations with predictable cash flow and well-protected contract-based business models.
The main investment themes for Fund VI include digital infrastructure, energy generation, storage, and distribution, decarbonization and electrification of industries and transport, resource efficiency and the circular economy, and social infrastructure. Masoud Homayoun, head of EQT Infrastructure, noted that 'Fund VI has completed or signed contracts for 12 major investments.'
The EQT Infrastructure team is supported by the EQT Industry Advisory Council, which consists of more than 600 global business leaders and entrepreneurs. The advisory council participates in the entire investment process and serves as the board of portfolio corporations, providing operational and strategic expertise.
The investment targets of the EQT Infrastructure Fund VI include Constellation Cold Logistics, OX2, Statera, Universidad Europea in Europe, EdgeConneX, Heritage Environmental Services, RAY Logistics, Madison Energy Infrastructure in the United States, and Liena (formerly KJ Environment), SK shieldus in the Asia-Pacific region.
Additionally, two transactions that are in progress after signing contracts include the acquisition of the European ground station infrastructure division of Eutelsat Group and the acquisition of Lumos through a joint venture with T-Mobile in the United States.