EQT reduces pref on infrastructure fund in hot fundraising market

EQT, private equity, infrastructure
Manitoba Seven Sisters Generating Station. Photo courtesy ©iStock/Richard Gillard
  • Fund III targets 2.9 bln euros/4 bln euros cap
  • LPs say fundraising has been strong
  • Fundraising strong in infrastructure space
EQT Partners reduced the preferred-return threshold on its third infrastructure fund, which is in the market targeting 2.9 billion euros ($3.06 billion), according to three people with knowledge of the fundraising. Fund III, which has a 4-billion-euro hard cap, reduced ...
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