trending Market Intelligence /marketintelligence/en/news-insights/trending/h5t4h0hejfpekzv09tbumg2 content esgSubNav
In This List

Report: Sweden-based EQT Partners considering IPO amid strategic review

Blog

Banking Essentials Newsletter: July Edition - Part 3

Blog

Banking Essentials Newsletter: July Edition - Part 2

Blog

Anticipate the Unknown Go Beyond Fundamentals to Uncover Early Signs of Private Company Credit Deterioration

Blog

Taking Loss Given Default Estimation to the Next Level: An Aspiration for All Creditors, Not Just Banks


Report: Sweden-based EQT Partners considering IPO amid strategic review

Swedish private equity firm EQT Partners AB may pursue an initial public offering as one outcome of a wider strategic review, Bloomberg News reported, citing a person familiar with the matter.

A listing would be aimed at reinforcing the company's balance sheet, the strength of which is a prerequisite for continued growth.

The firm is also deliberating whether to attract an external investor, the person told Bloomberg, adding that EQT is not seeking to sell the entire business and that discussions on the matter are at an early stage, with a formal decision on the matter anticipated in the second half of 2019.

EQT has also appointed two senior board members, Edith Cooper, and Gordon Orr, as part of the review. Cooper is a former head of human capital at Goldman Sachs, while Orr is a senior adviser at McKinsey & Co., and a former chairman and senior partner for Greater China.

EQT has raised approximately €50 billion and 27 funds since its inception over 20 years ago. Its anchor investor is the Wallenberg family's Investor AB, which owns about 10% of its most recent funds.