EQT
Stockholm-listed private markets investment firm founded in 1994 that invests across private capital, infrastructure, real estate and secondaries, with offices in Europe, North America, Asia and Oceania.
Industry: Private equity and investment management | Location: Stockholm, Sweden | Founded: 1994
About EQT
EQT is an investment organisation that describes itself as a global private markets firm, building and investing across Private Capital, Infrastructure, Real Estate and Secondaries. Its shares trade on Nasdaq Stockholm under the ticker EQT. Its website lists more than 25 offices in Europe, North America, Asia and Oceania, including one in Abu Dhabi, and reports assets under management of €354 billion for the third quarter of 2026, covering EQT and Coller Capital.
EQT was established in 1994 with backing from Investor AB, AEA Investors and SEB. Conni Jonsson founded EQT Partners AB, was its chief executive until 2014 and then chairperson, and is now honorary chairperson. Per Franzén, who joined EQT in 2007, has been chief executive and managing partner since May 2025. Jean Eric Salata, who started Baring Private Equity Asia's regional programme in 1997, was elected group chair in May 2026.
EQT added infrastructure in 2008, real estate in 2015 and EQT Ventures in 2016, and combined its real estate business with Exeter Property Group in 2021. The Abu Dhabi office is run by EQT Middle East Ltd, which the website says is regulated by the ADGM Financial Services Regulatory Authority.
EQT AB listed on Nasdaq Stockholm on 24 September 2019, and Baring Private Equity Asia merged into EQT in 2022. EQT's year-end report for 2025 includes a comment from Franzén on a deal for Coller Capital. On 15 October 2026 EQT agreed to acquire Stockbridge, a San Francisco real estate investment manager founded in 2003, for a base USD 375 million in cash plus earnouts of up to USD 175 million over 2027 to 2030, with closing expected in the first quarter of 2027.
For 2025 EQT reported IFRS total revenue of €2,632 million and net income of €728 million, against €2,653 million and €776 million in 2024. Its year-end report put assets under management at €270 billion, and employment at 1,863 full-time equivalents.
TechScoop reported in June 2026 that EQT was among the backers of Odyssey's USD 310 million Series B round at a USD 1.45 billion valuation.
Leadership
- Conni Jonsson, Founder and Honorary Chair
- Per Franzén, Chief Executive Officer and Managing Partner
- Jean Eric Salata, Chair
- Henry Steinberg, Global Head, EQT Real Estate
- Eric Liu, Co-Head of Private Capital (EU/NA) and Global Co-Head of Healthcare
- Hari Gopalakrishnan, Co-Head of Private Capital Asia and Global Co-Head of Services
- Carolina Brochado, Head of EQT Ventures and Head of Growth US