#Sweden #EQT #Private Equity #Stockholm #Coller Capital

EQT AB's Year-End Report 2025: A Year of Excellence and Growth

In the latest Year-end Report from EQT AB, the company highlighted a successful 2025 marked by significant achievements and strategic advancements. The firm adeptly navigated a challenging market landscape, ultimately achieving its most robust realization year to date. This success translates into increased investments in thematic opportunities worldwide and a commitment to strengthening its client-centric approach.

Per Franzén, CEO and Managing Partner, expressed that this year not only solidified EQT’s status in the private equity sector but also unveiled new horizons for growth. He emphasized the company’s strategic transitions, including leadership changes and pivotal advancements in their evergreen offerings for private wealth management.

Strategic Highlights and Financial Performance

Record Realizations and Fundraising Momentum

2025 was characterized by a remarkable focus on realizations, leading EQT to its peak exit year ever. The firm successfully raised significant capital across its closed-ended strategies, showing strong fundraising momentum. Notably, EQT reached crucial milestones in expanding its evergreen offerings for private wealth and institutional strategies.

The company reported total revenue of €2,732 million, reflecting a 16% increase compared to €2,355 million in the previous year. Fee-related revenue grew 9% to €2,283 million, primarily due to new closed-out commitments. Furthermore, investment income saw a significant rise, totaling €448 million, substantially increased from €251 million in 2024.

Operational Efficiencies and Leadership Changes

As part of its commitment to operational excellence, EQT streamlined its organizational structure, maintaining a flat full-time employee count year-over-year. This restructuring is intended to bolster efficiency and adaptability in an ever-changing market environment. Leadership updates included Per Franzén stepping into the CEO role, with Jean Eric Salata proposed as the new Chair of EQT.

On the acquisition front, EQT announced its agreement to acquire Coller Capital, a leading global secondaries firm with fee-generating Assets Under Management (AUM) of €28 billion, thereby fortifying its capabilities in private markets.

Investment Activities and Market Position

EQT demonstrated robust investment activity in 2025, declaring gross fund investments of €16 billion across various sectors in Europe, North America, and APAC. The firm has also actively provided co-investment opportunities totaling €14 billion, setting a new record.

Moreover, the firm’s global footprint was further enhanced with noteworthy investments in technology, healthcare, and infrastructure sectors, placing it among the most active private market firms worldwide. The firm's commitment to innovation was evident as it engaged in thematic investments focusing on advancements like AI, healthcare solutions, and environmental sustainability.

Future Outlook and Strategic Directions

Looking forward, EQT is poised for continuous growth and impact in its sector. The firm’s notable transition towards evergreen funds reflects a proactive adaptation to shifting market demands, allowing EQT to cater to a broader investor base.

In conclusion, EQT AB's Year-end Report for 2025 signifies not just a year of strong financial performance but also sets the stage for an ambitious future. With strategic acquisitions and an unwavering commitment to value creation, EQT is well-positioned to navigate future challenges and seize new opportunities in the evolving private equity landscape.

The company will continue to publish quarterly updates to keep the market informed about its operational performance and strategic initiatives. As EQT gears up for 2026, investors can expect a strong focus on both growth and sustainable investment practices.