STOCKHOLM, Aug. 14, 2024 /PRNewswire/ -- EQT has today set the target size for EQT Private Capital Asia's BPEA Private Equity Fund IX (the "Fund" or "BPEA IX") at USD 12.5 billion. The actual fund size is dependent on the outcome of the fundraising process and may be higher or lower than the target size; the hard cap of the fund will be set at a later date. BPEA IX's investment strategy is expected to be materially in line with the predecessor fund, BPEA VIII.

To ensure continuity between two fund generations, EQT's capital raisings usually follow a cycle with successor funds targeted to be in a position to commence investment activities when the predecessor fund is close to being fully invested. This means that the commitment period of the predecessor fund typically ends when approximately 80 to 90 percent of its total commitments are invested, with remaining commitments being available primarily for add-on acquisitions and strategic capital injections as well as for ongoing expenses.

STOCKHOLM, Aug. 14, 2024 /PRNewswire/ -- EQT has today set the target size for EQT Private Capital Asia's BPEA Private Equity Fund IX (the "Fund" or "BPEA IX") at USD 12.5 billion. The actual fund size is dependent on the outcome of the fundraising process and may be higher or lower than the target size; the hard cap of the fund will be set at a later date. BPEA IX's investment strategy is expected to be materially in line with the predecessor fund, BPEA VIII.

To ensure continuity between two fund generations, EQT's capital raisings usually follow a cycle with successor funds targeted to be in a position to commence investment activities when the predecessor fund is close to being fully invested. This means that the commitment period of the predecessor fund typically ends when approximately 80 to 90 percent of its total commitments are invested, with remaining commitments being available primarily for add-on acquisitions and strategic capital injections as well as for ongoing expenses.

STOCKHOLM, Aug. 12, 2024 /PRNewswire/ -- Between 5 August 2024 and 9 August 2024 EQT AB (LEI code 213800U7P9GOIRKCTB34) ("EQT") has repurchased in total 384,162 own ordinary shares (ISIN: SE0012853455).

The repurchases form part of the repurchase program of a maximum of 2,000,000 own ordinary shares for a total maximum amount of SEK 1,000,000,000 that EQT announced on 27 May 2024. The repurchase program, which runs between 19 July 2024 and 23 August 2024, is being carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 and the Commission Delegated Regulation (EU) No 2016/1052.