Barclays highlights continued strong confidence in the future of private equity firm EQT following Thursday’s third-quarter report.
EQT expects to activate the EQT XI fund before year-end, while opportunities for divestments are improving even though the timing remains uncertain. Barclays notes that the company expects performance-based fees and investment income in the second half to be in line with the first half.
At the same time, AI infrastructure, the acquisition of Stockbridge and continued strong fundraising are highlighted as important growth drivers.
Barclays’ recommendation is equal-weight with a price target of SEK 360.
