EQT, an investment organization has announced EUR20 billion (US$19.9 billion) as the target fund size for its EQT Infrastructure VI fund.
EQT Infrastructure VI is the sixth infrastructure fund dedicated to making investments in the energy, transport & logistics, telecom, environmental and social infrastructure sectors.
The fund’s investment strategy and commercial terms are expected to be materially in line with the predecessor fund EQT Infrastructure V. EQT Infrastructure VI fund will 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 the remaining commitments being available primarily for add-on acquisitions and strategic capital.