Simpson Thacher represented EQT in the establishment of EQT Active Core Infrastructure Fund (“Fund”), which closed at $3.2 billion (€2.9 billion). The Fund is backed by a well-diversified global investor base consisting of blue-chip clients, including pension funds, insurance companies, sovereign wealth funds, family offices and private wealth platforms.
The Fund is a longer-hold strategy with a focus on downside protection and applies EQT’s active ownership approach and value creation playbook to core infrastructure companies in Europe and North America. It is expected to invest in companies that provide essential services and aims to offer a risk-return proposition based on stable cash yield generation, inflation protection, low volatility and long-term value creation opportunities.
The Simpson Thacher team representing EQT included Jason Glover, Robert Lee, Morgan Shubin and Maria Lundgaard (Private Funds); and Jon Goldstein, Bill Smolinski and Preston Irace (Tax).