EQT opens up PE to individual investors
EQT has launched EQT Nexus, its first strategy available to individual investors.
The semi-liquid offering increases individual access to private equity funds, typically only accessible to institutional investors or HNWIs.
Nexus is a global portfolio including mature buyouts and early-stage investing, available in different industries and geographies. It will focus on private equity and infrastructure strategies, which will be available to investors through one investment.
The portfolio will also include co-investment opportunities in companies, alongside EQT funds.
The minimum investment amount will depend on regulatory restrictions in certain geographies, but will be roughly €25,000.
Investors can subscribe monthly and redemptions can be requested on a quarterly basis (dependant on any limitations).
The Nexus advisory team will be led by advisory head of fund strategy William Vettorato, who has experience in managing global semi-liquid open-ended strategies at Partners Group.
Suzanne Donohoe, chief commercial officer at EQT, commented: “With the launch of EQT Nexus, we are excited to finally be able to offer individual investors the opportunity to benefit from EQT’s approach and relentless focus on performance. Growing our efforts across private wealth is a key priority for us. EQT has created a team of about 50 people focusing on this area, and EQT Nexus is an important step on that journey.”
Gustav Segerberg, head of business development at EQT, added: “To date, individual investors looking to access private markets have been faced with several barriers to entry, including significant investment thresholds, long lock-up periods and complex investment terms. EQT Nexus now addresses these challenges by allowing investors to gain access to EQT’s strategies through a single fully-funded investment and a simple, single layer of fees.”