- Public rating is S&P's highest in the European asset management sector
- Opinion identifies key differentiators including
EQT AB's global scale, diversified business, attractive profitability, and conservative leverage profile - Rating from S&P complements existing rating from Fitch at the same level (A-/Stable)
In its announcement, S&P noted: "The adequately diversified geographic footprint and business mix enables EQT to maintain stable profitability metrics that compare favorably with other alternative asset managers with similar AUM profiles." ... "The stable outlook incorporates our view that EQT will continue to see strong fundraising within its flagship funds and play a predominant role within the industries it operates while keeping leverage metrics at minimal levels below 1x."
Contact
EQT Press Office, press@eqtpartners.com, +46 8 506 55 334
About EQT
EQT is a purpose-driven global investment organization focused on active ownership strategies. With a Nordic heritage and a global mindset, EQT has a track record of almost three decades of developing companies across multiple geographies, sectors and strategies. EQT has investment strategies covering all phases of a business' development, from start-up to maturity. EQT has EUR 242 billion in total assets under management (EUR 132 billion in fee-generating assets under management), within two business segments -
With its roots in the Wallenberg family's entrepreneurial mindset and philosophy of long-term ownership, EQT is guided by a set of strong values and a distinct corporate culture. EQT manages and advises funds and vehicles that invest across the world with the mission to future-proof companies, generate attractive returns and make a positive impact with everything EQT does.
More info: www.eqtgroup.com
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https://news.cision.com/eqt/r/eqt-ab-assigned--a---stable--credit-rating-by-s-p,c4013482
https://mb.cision.com/Main/87/4013482/2911238.pdf
https://news.cision.com/eqt/i/eqt-ab-group,c3318803
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