EQT CEO Aims to Bring Transparency to Private Equity with New Investment Platform
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EQT CEO Christian Sinding wants to bring more transparency and openness to private equity investing.
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EQT was founded in 1994 by the Wallenberg family to be the best owner of companies using private equity tools.
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EQT has grown to manage $250 billion in assets after a recent merger with Baring Private Equity Asia.
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EQT itself is public but has no plans to IPO its portfolio companies due to regulatory hurdles.
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Instead, EQT plans to launch an auction platform to give investors more liquidity, similar to buying stocks but for private companies.