EQT Sees Asset Growth as Global Investors Tilt Away From US (1)

Swedish private equity firm EQT AB saw assets under management increase almost 4% to €139 billion ($162 billion) in the third quarter as global investors look for alternatives to the US to secure returns.

While the figure fell slightly short of the €142 billion expected by analysts polled by Bloomberg, the firm surpassed its goal for its latest Asia-focused buyout vehicle, eclipsing rivals. About two-thirds of EQT’s assets are now in Europe and Asia, according to an interim management statement — which contains less financial information than the full and half-year reports.

“We believe we are in the early stages ...