21 April 2026Markets & Economy
EQT closes record $15.6bn Asia private equity fund
Swedish private equity giant EQT raised $15.6 billion for its Asia fund, the largest regional PE vehicle on record. The fund targets mid-market buyouts across Southeast Asia and India, betting on consumption growth as Chinese economic expansion slows. EQT's timing looks smart: Asian PE valuations sit 30% below US equivalents while GDP growth rates run twice as high. The question is whether Western capital can navigate regulatory complexity in markets where government relationships matter more than spreadsheet models.
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