Private equity frim EQT has closed its BPEA EQT Mid-Market Growth Partnership fund at $1.6 billion in total fund commitments, more than double the fund’s original target size of $750 million.
The Asia-focused mid-market buyout fund, which had an initial target size of $750 million, closes with $1.6 billion in total fund commitments, of which $1.4 billion is fee-generating, according to a company statement.
The will focus on the technologfundy, services, and healthcare sectors across Asia, prioritising India, Southeast Asia, Japan and Australia. It has already made four investments to date.
EQT’s private capital strategies across the world have now completed...
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