EQT’s new impact fund seeks 4 bln euros

EQT reinforces its commitment to impact and launches the EQT Future fund, targeting mature companies with market-shaping impact potential

Paul Polman, former CEO of Unilever, and Jacob Wallenberg, Chairperson of Investor AB, are set to co-chair the EQT Future Mission Board which will provide strategic direction and impact-focused advice

The EQT Future fund will have a target size of EUR 4 billion and a portion of its carried interest will be linked to achieving portfolio-level impact KPIs, including reduction of Greenhouse gases emissions using the Science Based Targets

The EQT Future fund will invest in mature, high-quality companies with market-shaping impact potential and where transformation requires a longer ownership horizon. Investments will be made in line with three key objectives: Planet, People,and Prosperity.

Every investment that EQT Future makes needs a clear impact thesis and the fund will deploy an Impact Acceleration Plan for all its portfolio companies to achieve the ambitious asset-specific and portfolio-level KPIs. These are, reduction of GHG emissions, improved employee wellbeing and increased gender diversity.

Christian Sinding, CEO and Managing Partner of EQT, said, “EQT Future is an important strategic move for EQT as a firm. Together with our Science Based Targets and EQT Future’s impact-driven investment thesis, we are raising the bar for EQT and all our investment strategies. By combining EQT Future with our firm-wide approach to embed positive impact into every investment, we have the best possible foundation to grasp the most exciting opportunity, and responsibility, of our time – to support businesses that can accelerate transformational change for the benefit of the environment and society at large.”