7/102 sources · 2 publishersUpdated Oct 15, 08:34 UTC
EQT Reports Q3 Asset Growth and Raises Fundraising Target
EQT AB reported third-quarter results on October 15, with funds under advisory and management up 39.6% year over year to 195 billion euros and AUM up 32.8% to 354 billion euros. The firm raised its fundraising target to €140 billion and announced the pending acquisition of Stockbridge.
Why it matters
The results show expanded assets and a higher fundraising objective for EQT. The Stockbridge transaction, subject to closing conditions including regulatory approvals, would add to the firm’s real estate platform if completed.
Key facts
- 1FAUM increased 39.6% year over year to 195 billion euros in Q3. rttnews.com
- 2AUM rose 32.8% to 354 billion euros. rttnews.com
- 3EQT raised its fundraising target to €140 billion. investing.com
- 4EQT announced the acquisition of Stockbridge. investing.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.