Press release
The new eQ PE XVI North held its first closing at
Simultaneously, eQ established its fifth private equity secondary fund, eQ PE SF V, raising
The fund raising for both funds continues and they will be marketed to professional investors only. During the recent ten years, eQ has raised more than
Staffan Jåfs, Head of Private Equity at eQ Asset Management comments:
“Value creation in lower middle market private equity comes predominantly from growth in revenue and improved profitability. The use of leverage is modest compared to large cap private equity and exits are typically made to strategic investors or larger private equity funds in exchange for 100% cash. Our newly established funds will comprise experienced and historically top-performing managers, but also new and highly motivated managers. The secondary market remains attractive and co-investment deal flow continues to increase, allowing us to be even more selective.
The global fund raising market has been challenging and resulted in extended fund raising periods. With this backdrop, we are very pleased with the trust received from our clients and the levels of the first closings. The investment programme of both funds will be activated immediately and the target is that both eQ PE XVI North and eQ PE SF V will be fully committed before the end of 2025.”
eQ
Further information:
Staffan Jåfs, Head of Private Equity, eQ
eQ Group is a Finnish group of companies specialising in asset management and corporate finance business. eQ Asset Management offers a wide range of asset management services (including private equity funds and real estate asset management) for institutions and individuals. The assets managed by the Group total approximately
More information about the Group is available on our website at www.eQ.fi.
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