In 1989, one of Europe’s great industrial families, the Wallenbergs, sent a young Swedish executive called Conni Jonsson to the US to see how Wall Street worked.
Now EQT Partners, the group he co-founded with the Wallenbergs’ backing, has minted at least half a dozen billionaires, manages more than €230bn in assets, and in February raised €22bn for its latest flagship private equity fund, one of the largest buyout funds of all time.
“Nobody could have seen exactly how big this would become,” said Marcus Wallenberg, who together with other family members is the public face of the Swedish dynasty.
Sweden opens probe of EQT over partners’ insider sales
Stockholm-based EQT is facing a probe into whether it failed to publicize in a timely manner that its former and existing partners were selling shares in the firm totaling $2.7 billion. The public offering allowed senior executives to exit some of their stock earlier than planned under a lock-up agreement set at the time of its IPO that was supposed to extend until September 2022.
These guys are now into Healthcare, Food supplements and spreading like a virus,,,
EQT is associated with the World Economic Forum (WEF)
. EQT is a global investment firm and a partner of the WEF
. The firm focuses on driving change and growth in the companies it invests in, aligning with the WEF’s mission of improving the state of the world through public-private cooperation
for Climate Change or We should say “Climate Hoax”…
EQT said it has bought Mabtech, a provider of antibody tools and kits used predominantly for vaccine, infectious diseases, and oncology research, from IK Partners. The company will support Sweden-based Mabtech as it expands its product portfolio and reach, especially in the U.S.
This firm based in Stockholm, Sweden with additional offices in Europe, North America, and the Asia Pacific region. The firm prefers to invest in healthcare, technology, services, and industrial Tech sectors. The firm also focuses on real estate sectors such as digital infrastructure, energy & environmental, social, transport & logistics, life sciences, and residential & self-storage.