EQT VIII’s €10.75 Billion Fundraising

Simpson Thacher represented EQT in connection with the formation and raising of EQT’s flagship private equity fund, EQT VIII.

The fund was significantly oversubscribed and held a first and final close at its hard cap of €10.75 billion after less than six months of fundraising.

EQT VIII will continue with EQT’s overall equity investment strategy in seeking to make investments in sectors such as Healthcare, TMT and Services, with a focus on Northern Europe.

EQT Partners AB is a private equity and venture capital firm specializing in expansion capital, mid venture, growth financing, buyouts, growth equity, middle market, turnaround, industry consolidation, public-to private transactions, mezzanine financing, special situations including stressed and distressed situations; illiquid, and secondary investments. The Firm, led by Thomas von Koch, Jan Ståhlberg, Fredrik Åtting, Rohit Dhote and Maria Zehendner, is based in Stockholm.

The Simpson Thacher team representing EQT was led by Jason Glover (Picture) alongside Robert Lee, with assistance from Sam Wilson, Dan Lloyd, Amy Fox, Vasanth Padaki, Alex Westbrook, Amin Ebrahim, Antonia Balsom, Nigel Crowe, Jonathan Brooks, Alex Brodkin, Lauren Jenkins and John Maguire (Funds – London); Barrie Covit, Steven Klar and Avi Herescu (Funds – New York); Brendan Baker (Funds – Palo Alto); Jonathan Goldstein and Joseph Tootle (Tax); and Jeanne Annarumma (Executive Compensation and Employee Benefits).

 

Involved fees earner: Jason Glover – Simpson Thacher & Bartlett; Robert Lee – Simpson Thacher & Bartlett; Sam Wilson – Simpson Thacher & Bartlett; Daniel James Thomas Lloyd – Simpson Thacher & Bartlett; Amy Fox – Simpson Thacher & Bartlett; Vasanth Padaki – Simpson Thacher & Bartlett; Alex Westbrook – Simpson Thacher & Bartlett; Amin Ebrahim – Simpson Thacher & Bartlett; Antonia Balsom – Simpson Thacher & Bartlett; Nigel Crowe – Simpson Thacher & Bartlett; Jonathan Brooks – Simpson Thacher & Bartlett; Alex Brodkin – Simpson Thacher & Bartlett; Lauren Jenkins – Simpson Thacher & Bartlett; John Maguire – Simpson Thacher & Bartlett; Barrie Covit – Simpson Thacher & Bartlett; Steven Klar – Simpson Thacher & Bartlett; Andrei Herescu – Simpson Thacher & Bartlett; Brendan Baker – Simpson Thacher & Bartlett; Jonathan Goldstein – Simpson Thacher & Bartlett; Joseph Tootle – Simpson Thacher & Bartlett; Jeanne Annarumma – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: EQT Partners AB;