EQT (EQT) Value Creation Day 2026 summary

Strategic priorities, platform evolution, and financial highlights

• Over €30 billion was invested and €38 billion returned to clients in the past year, with €30 billion in FAUM added through the Coller Capital combination, strengthening the secondaries platform.

• The platform manages €330 billion in AUM, serving 1,700+ clients with 2,200 employees across 25+ countries, and has expanded into new asset classes including real estate and secondaries.

• Delivered 390%+ total shareholder return since IPO, with ~35% of realizations from public market exits and outperformance of MSCI World by ~80% in recent IPOs.

• The business is diversified across 30+ investment strategies, focusing on superior risk-adjusted returns and real alpha in private capital, infrastructure, real estate, and secondaries.

• Scale and operational improvements drive returns, with over 80% of investment returns created through operational enhancements, and the firm now ranks as the largest private equity firm outside the U.S.

AI-driven value creation and investment approach

• AI is identified as the most important investment theme, driving a CapEx super cycle in data centers, power, and connectivity, with $4 trillion in data center and energy CapEx required by 2030.

• The firm integrates AI into business processes, prioritizing AI-centric management teams, and leverages both Ventures and Growth strategies to invest across the AI spectrum.

• Built AI capabilities over the past decade, deploying 35+ AI professionals and 20+ external partners, supporting 30+ portfolio companies and training 130+ board members.

• New strategies include the AI Infrastructure Fund, seeded with EdgeConneX, and long-hold funds to stay invested in winners, with diversified exit routes and industry-leading capital markets capabilities.

• AI is expected to increase return dispersion across managers, and the platform’s local presence in Asia and Europe is a lasting competitive advantage for sourcing and value creation.

Infrastructure and sector-specific growth

• Infrastructure AUM has grown from €1 billion to €40 billion fee-paying, with a total of €80 billion, and now includes four fund strategies: value add, active core, transition, and AI infrastructure.

• The AI infrastructure strategy targets the multi-trillion euro opportunity in data centers, connectivity, and power, with EdgeConneX as the seed investment and a pipeline of 100 GW of renewable power.

• The approach emphasizes success-based capital deployment, long-term contracts with investment-grade customers, and integrated solutions for hyperscalers.

• EdgeConneX achieved 4.1x/3.7x gross MOIC, 15x EBITDA growth, and 300MW battery project completion, with 90% of revenue from hyperscalers.

• The infrastructure portfolio delivered 11% top-line and 16% EBITDA growth in the last 12 months, with a 17% realized net IRR.