STOCKHOLM, Oct. 19, 2020 /PRNewswire/ — EQT now announces that Marc Brown, previous Microsoft Corporate Vice President of Corporate Enhancement, has joined as Spouse and Head of EQT Progress. Obtaining overseen Microsoft’s M&A and strategic expense pursuits, main much more than 185 acquisitions (which include LinkedIn, GitHub and Minecraft) and 80 strategic fairness investments (together with Flipkart, Databricks and Graphcore), Marc’s expertise throughout the technological innovation industry landscape helps make him correctly suited to direct the EQT Progress system.
Earlier this 12 months, Carolina Brochado joined EQT as Companion in London and will join the Advancement staff. Previously a spouse at both equally Softbank and Atomico, Carolina has experience across several investment disciplines, together with personal fairness, enterprise capital and development. In addition to Carolina Brochado and Marc Brown, the preliminary EQT Expansion crew will also consist of EQT veterans and Associates Victor Englesson, Dominik Stein and Johan Svanström, and Henrik Landgren, Motherbrain Partner, who will perform throughout Ventures and Advancement.
EQT Progress is a essential pillar in EQT’s over-all ambition to be the chosen associate to founders and management groups as they construct and mature market main companies that have the daring ambition of producing the planet a greater spot. More especially, EQT Growth will discover thematic advancement chances among enterprise money and private equity that are aligned with EQT’s critical expenditure spots these as B2B tech, healthcare tech, influence tech and customer/prosumer tech. EQT AB will employ its harmony sheet to assist investments aligned with the EQT Development method.
EQT Expansion will be an extension from a range of profitable development transactions from EQT’s Mid Current market, Personal Fairness and Ventures expenditure tactics (these kinds of as Epidemic Audio, Freepik, Sportradar, Banking Circle, AutoStore, and Wolt). Motherbrain, EQT’s proprietary in-household artificial intelligence (AI) program, will also engage in a important job in the EQT Progress technique in assisting in determining developments and sourcing potential expense alternatives.
For every Franzén, Companion and co-head of EQT Personal Fairness stated: “We’re delighted to welcome Marc and Carolina to EQT and search forward to a robust collaboration across the complete Personal Money system. They will bring huge engineering and investment experience The Growth technique will utilize EQT’s thematic emphasis and search for potential champions, and will be a essential up coming phase in the improvement of EQT Non-public Money and further manifesting our long run-proofing and optimistic effects solution.”
Christian Sinding, CEO of EQT claimed: “Making this sturdy group is a genuine milestone in EQT’s motivation to grow to be the preferred lover to the ideal significant-advancement marketplace leaders across Europe and past. Adding a growth-centered system fits us perfectly as it enhances EQT’s ‘ecosystem’. In fact, EQT is now one particular of the really few private markets companies in the entire world with financial investment techniques that cover and support companies from the startup phase all the way right until mature, major companies. This would make us a smarter investor and an even greater husband or wife to management groups. Lastly, EQT Progress is a wonderful illustration of how we can use EQT AB’s stability sheet to accelerate the advancement of new initiatives wherever we can create powerful sustainable returns for EQT’s investors.”
EQT Push Office [email protected]
EQT is a differentiated international investment decision organization with a 25-calendar year observe-file of constant investment effectiveness throughout many geographies, sectors, and strategies. EQT has lifted much more than EUR 62 billion given that inception and at present has all-around EUR 40 billion in belongings below administration across 20 lively money in 3 business segments – Personal Capital, Actual Assets and Credit score.
With its roots in the Wallenberg family’s entrepreneurial mentality and philosophy of extended-expression ownership, EQT is guided by a set of solid values and a unique corporate tradition. EQT manages and advises cash and motor vehicles that invest throughout the globe with the mission to upcoming-evidence businesses, deliver beautiful returns and make a favourable impact with all the things EQT does.
The EQT AB Team comprises EQT AB (publ) and its immediate and oblique subsidiaries, which include basic associates and fund administrators of EQT funds as perfectly as entities advising EQT funds. EQT has workplaces in 17 countries across Europe, Asia Pacific and North America with extra than 700 workers.
Much more information: www.eqtgroup.com
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