EQT IX’s €15.6 Billion Fundraising

Simpson Thacher represented EQT AB in the transaction.

EQT AB (“EQT”) completed the formation and raising of EQT’s flagship private equity fund, EQT IX. The fund marks EQT’s first key fund closing since EQT AB’s public listing in 2019.

At €15.6 billion, EQT IX is the second largest private equity fund ever raised for a European-based sponsor, demonstrating continued support for EQT’s active ownership approach and strategy to invest in themes that have been accelerated during the global pandemic, such as Healthcare, TMT and Services.

The Simpson Thacher team representing EQT was led by Jason Glover (Picture) and Robert Lee alongside Beth Cowen, Alex Hoffman and Annabelle Playford, with assistance from Amy Fox, Mollie Braverman, John Maguire, Anna Bellingham, Prishi Govender, Wilson Szet, Marie-Sophie Bandeira Vieira, Victoria Hartman, George Thompson, Shanelle Muller, Paolo Ronchi, Samantha Spearman, Michael Strachan, Yanru Tao and Ishbel Mackenzie (Private Funds—London); Barrie Covit and Avi Herescu (Private Funds—New York); Jonathan Goldstein, Bill Smolinski and Gal Shemer (Tax); and Jeanne Annarumma (ERISA).

Involved fees earner: Jeanne Annarumma – Simpson Thacher & Bartlett; Marie-Sophie Bandeira Vieira – Simpson Thacher & Bartlett; Anna Bellingham – Simpson Thacher & Bartlett; Mollie Braverman – Simpson Thacher & Bartlett; Barrie Covit – Simpson Thacher & Bartlett; Bethany Cowen – Simpson Thacher & Bartlett; Amy Fox – Simpson Thacher & Bartlett; Jason Glover – Simpson Thacher & Bartlett; Jonathan Goldstein – Simpson Thacher & Bartlett; Prishi Govender – Simpson Thacher & Bartlett; Victoria Hartman – Simpson Thacher & Bartlett; Andrei Herescu – Simpson Thacher & Bartlett; Alexander Hoffman – Simpson Thacher & Bartlett; Robert Lee – Simpson Thacher & Bartlett; Ishbel Mackenzie – Simpson Thacher & Bartlett; John Maguire – Simpson Thacher & Bartlett; Shanelle Muller – Simpson Thacher & Bartlett; Annabelle Playford – Simpson Thacher & Bartlett; Paolo Ronchi – Simpson Thacher & Bartlett; Gal Shemer – Simpson Thacher & Bartlett; William Smolinski – Simpson Thacher & Bartlett; Samantha Spearman – Simpson Thacher & Bartlett; Michael Strachan – Simpson Thacher & Bartlett; Wilson Szet – Simpson Thacher & Bartlett; Yanru Tao – Simpson Thacher & Bartlett; George Thompson – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: EQT Partners;

Author: Federica Tiefenthaler