EQT Seeks to Quell Investor Anxiety Over New Fee Strategy

European private equity firm EQT is working to quell investor concerns that it will start charging them to invest alongside it in select deals.

The firm’s executives fielded calls this week from institutional clients after CEO Per Franzen publicly commented that it sees these co-investment deals as a potential new source of revenue from private wealth and retail clients, according to people familiar with the matter.

Franzen said on a call with analysts that EQT has created €17 billion ($19.79 billion) of co-investment opportunities over the past 12 months. He said the firm’s growing retail and wealth client base has ...