EQT Asia has exceeded its original investment target of $5 billion in India over the past few years, according to the head of its Asian operations. The Sweden-based private equity firm has been actively engaging in buyouts and other investments, identifying India as a key market for robust deal-making opportunities.
EQT, managing approximately $295 billion in global assets, has directed around $6 billion into India—Asia’s third-largest economy—within the last 18 months. This milestone was shared by Jean Eric Salata, EQT’s Asia CEO and Chairperson, during a recent media briefing.
Source of Information : https://www.reuters.com/business/finance/swedens-eqt-exceeds-investment-targets-india-doubles-down-healthcare-2024-12-05/
“India remains a highly attractive investment destination for international investors like us,” stated Jean Eric Salata.
He also praised India’s equity markets as “appealing,” despite their recent decline from record highs. Addressing concerns about a potential economic slowdown, Salata emphasized, “Whether the Indian economy slows down next year is not a concern for us,” underscoring EQT’s long-term confidence in the world’s fifth-largest economy.
EQT Asia, one of the world’s largest private equity firms, will continue prioritizing investments in India in the coming year, particularly in healthcare, financial services, and infrastructure, according to Jean Eric Salata, Chairperson of EQT Asia and Head of Private Capital Asia.
EQT plans to focus its investments on the technology, healthcare, real estate, and infrastructure sectors, according to Jean Eric Salata.
Following the 2022 merger of Sweden-based EQT and Baring Private Equity Asia in a $6.5 billion deal, EQT has significantly increased its investments in India’s financial services and healthcare sectors. Key transactions include the acquisition of HDFC Credila and stakes in healthcare companies such as Indira IVF and AIG Hospitals.
Earlier this year, the BPEA EQT Mid-Market Growth (MMG) Partnership fund secured $1.6 billion. The fund aims to prioritize mid-market control buyouts in technology, services, and healthcare sectors across India, Southeast Asia, Japan, and Australia.
EQT Asia: Accelerating India’s Growth with Strategic Sector Investments
EQT plans to continue its investment momentum in India, focusing on sectors with high growth potential. The firm aims to leverage its global expertise to support India’s economic development, particularly in healthcare, financial services, and infrastructure.
In summary, EQT’s increased investments in India underscore its commitment to the country’s growth story, with strategic focus on key sectors poised for significant expansion.Provde subheading for this with eqt asia as word in it
