EQT creates one fund hub in Luxembourg
In 2012, EQT decided to manage future funds onshore. Since then, eight funds have been successfully closed across General Partners in the UK, the Netherlands and Luxembourg. Now EQT is taking the next step in harmonizing and future-proofing its fund management with the decision to create one hub for future domiciliation of funds in Luxembourg.
The decision to concentrate EQT’s fund management to Luxembourg is based on the predictability needed to ensure a top-quality product and service level. The consolidated hub for General Partners is managed under the EU directive for Alternative Investment Fund Managers (AIFMD) and is a transparent and long-term solution, beneficial for both investors and other stakeholders.
Peter Veldman, who has more than 20 years in the European investment industry, is appointed Head of Fund Management.