EQT closed its latest infrastructure fund, EQT Infrastructure V, at €15.7bn above its €12.5bn target, a spokesman confirmed.
The fund is focused on the energy, transport and logistics sectors, as well as environmental, digital and social infrastructure.
Investors in the fund include the $21.5bn Orange County Employees Retirement System, Santa Ana, Calif., which committed $75m; and the $23.7bn Montana Board of Investments, Helena, which committed $50m.
Predecessor fund EQT Infrastructure IV closed at €9bn in March 2019.
Source: Pensions & Investments
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