EQT Surpasses Target with €21.5 Billion Infrastructure Fund
Funding | Mar 28, 2025 | Simpson Thacher & Bartlett
EQT has successfully raised €21.5 billion for its flagship infrastructure fund, EQT Infrastructure VI, surpassing the original target of €20 billion and reaching its hard cap. This new fund represents a 35% increase from its predecessor due to robust support from both existing and new investors. The fund received commitments from a wide array of global institutional investors, including pension funds, sovereign wealth funds, asset managers, and insurance companies. There's a noted increase in commitments from the private wealth segment compared to the previous fund. Investors hailed from diverse geographic regions encompassing the Americas, Asia Pacific, Europe, the Middle East, and the Nordics. Simpson Thacher & Bartlett provided legal counsel to EQT in this fundraising effort with a dedicated team specializing in funds, funds regulatory, tax, and ERISA.
Sectors
- Private Equity
- Infrastructure Investment
- Financial Services
Geography
- Global – The investor base for the EQT Infrastructure VI fund is globally diversified, including regions such as the Americas, Asia Pacific, Europe, the Middle East, and the Nordics.
Industry
- Private Equity – The article discusses the formation and fundraising of a Private Equity infrastructure fund by EQT, a leading private equity firm.
- Infrastructure Investment – EQT Infrastructure VI is specifically mentioned as an infrastructure fund, indicating its focus on investments in the infrastructure sector.
- Financial Services – Includes fundraising activities and involvement of institutional investors like pension funds, asset managers, and sovereign wealth funds.
Financials
- €21.5 Billion – The total amount of commitments raised by EQT Infrastructure VI, surpassing its target and reaching the fund's hard cap.
- €20 Billion – The initial target amount set for EQT Infrastructure VI fundraising.
- 35% – The percentage increase in fund size compared to EQT's predecessor infrastructure fund.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| EQT | Fund Manager | Company | EQT is a global investment organization known for its private equity and infrastructure funds. |
| Simpson Thacher & Bartlett LLP | Legal Advisor | Company | A prominent law firm that provided legal advisement for the formation and fundraising of EQT Infrastructure VI. |
| Robert Lee | UK Funds Legal Team | Person | Member of the Simpson Thacher legal team advising on the fund. |
| Beth Cowen | UK Funds Legal Team | Person | Member of the Simpson Thacher legal team advising on the fund. |
| Connor Brown | UK Funds Legal Team | Person | Member of the Simpson Thacher legal team advising on the fund. |
| Maria Lundgaard | UK Funds Legal Team | Person | Member of the Simpson Thacher legal team advising on the fund. |
| Manny M. Halberstam | US Funds Legal Team | Person | Member of the Simpson Thacher legal team advising on the fund. |
| Chi Shum | US Funds Legal Team | Person | Member of the Simpson Thacher legal team advising on the fund. |
| Jeffrey Caretsky | US Funds Legal Team | Person | Member of the Simpson Thacher legal team advising on the fund. |
| Daniel Deacon | UK Funds Regulatory | Person | Member of the Simpson Thacher team focused on regulatory issues in the UK. |
| Fraser Padmore | UK Funds Regulatory | Person | Member of the Simpson Thacher team focused on regulatory issues in the UK. |
| Jonathan Goldstein | Tax | Person | Member of the Simpson Thacher team focused on tax issues. |
| William J. Smolinski | Tax | Person | Member of the Simpson Thacher team focused on tax issues. |
| Chris Dorman | Tax | Person | Member of the Simpson Thacher team focused on tax issues. |
| Jeanne Annarumma | ERISA | Person | Member of the Simpson Thacher team specialized in ERISA-related issues. |