EQT raises Asia Pacific's largest private equity fund, closing BPEA IX at USD 15.6 billion in total commitments - Thailand PR News - [Banking](https://thailandbusinessnews.net/category/banking/) - [Companies](https://thailandbusinessnews.net/category/companies/) - [Economy](https://thailandbusinessnews.net/category/economy/) - [Press Releases](https://thailandbusinessnews.net/category/press-release/) - [PR Newswire](https://thailandbusinessnews.net/pr-newswire-updates/) - [Tech](https://thailandbusinessnews.net/category/tech/) - [Tourism](https://thailandbusinessnews.net/category/tourism/) - [Press Release](https://thailandbusinessnews.net/category/press-release/) # EQT raises Asia Pacific's largest private equity fund, closing BPEA IX at USD 15.6 billion in total commitments ##### Up next ###### [Cognizant Propels AI Workforce Training with Cognizant Skillspring™: New Talent Transformation Platform Designed to Accelerate Clients' Workforce AI Readiness](https://thailandbusinessnews.net/press-release/cognizant-propels-ai-workforce-training-with-cognizant-skillspring-new-talent-transformation-platform-designed-to-accelerate-clients-workforce-ai-readiness/) Published on 21 April 2026 ##### Author ##### [ CISION PRNewswire ](https://thailandbusinessnews.net/author/cision/) ##### Tags - [PRNewswire](https://thailandbusinessnews.net/tag/prnewswire/) - EQT BPEA IX oversubscribed; closes at USD 15.6 billion in total commitments - BPEA IX is the largest Asia Pacific-dedicated private equity fund raised to date, with USD 14.9 billion in fee-generating assets under management - Robust investor demand serves as a testament to EQT’s Asia platform, reflecting the proven success and sustained momentum following EQT’s combination with Baring Private Equity Asia (BPEA) - The Fund invests in leading companies across Asia Pacific benefitting from long-term structural growth trends, building on EQT’s nearly three decades of regional presence and established value creation track record STOCKHOLM, April 21, 2026 /PRNewswire/ — EQT is pleased to announce the final close of BPEA Private Equity Fund IX (the "Fund" or "BPEA IX") reaching its hard cap with USD 15.6 billion in total commitments, including USD 14.9 billion in fee-generating assets under management. The Fund was oversubscribed, driven by strong demand from a globally diversified investor base. BPEA IX is the largest-ever Asia Pacific-dedicated private equity fund raised to date.1 This milestone was achieved against a backdrop of record-low regional fundraising, with capital raised for Asian funds falling to a 12-year low in 2025 after four consecutive years of decline.2 As the market increasingly bifurcates, investors are consolidating capital with scaled, global platforms that offer a proven track record of success – a trend that reinforces the strength of EQT’s expanded footprint in Asia, the collective capabilities of EQT’s integrated franchise, and its ability to deliver consistently strong returns across cycles and almost 30 years of investing in Asia. BPEA IX saw strong participation from both existing and new investors, attracting over 75 new investors, including more than 45 from across EQT’s broader investment platform. This highlights the continued expansion of EQT’s global investor base and its ability to mobilize capital across strategies, and serves as a clear validation of EQT and BPEA’s merger four years on. Commitments were globally diversified, with capital broadly balanced across the Americas, Europe and the Middle East, and Asia Pacific, with all regions increasing allocations from the prior vintage. Pension funds and sovereign wealth funds were leading contributors, underscoring sustained support from long-term institutional investors. **Jean Eric Salata, Chairperson of EQT Asia**, said, "The closing of BPEA IX is a defining milestone that reflects the depth, strength, and investment performance of our platform over nearly three decades, bringing together the history of BPEA and EQT in Asia. We are proud to have built an organization with the capability and reach to navigate complex cycles and drive significant transformation in our portfolio companies. In a highly competitive and selective fundraising market, our ability to deliver consistent realizations was a differentiator for our investors. We are deeply grateful for the trust our clients have placed in us; their support is a testament to the hard work of our team members and our long-term commitment to Asia Pacific." The successful fundraise demonstrates continued conviction in EQT’s Asia strategy and its "local-with-locals" model, with teams embedded in the region’s key markets. Refined over multiple economic cycles, this approach was further institutionalized by the 2022 combination of BPEA and EQT. The integration created a scaled, global franchise that today pairs BPEA’s deep regional roots with EQT’s global sector capabilities, extensive Industrial Advisor network, and operational resources. Today, EQT’s Private Capital Asia platform provides investors with access across the full investment spectrum – from large-cap and mid-market to growth strategies. This regional presence is supported by dedicated teams in Japan, India, South Korea, Southeast Asia, Greater China and Australia. EQT also manages one of the largest co-investment platforms in Asia, providing investors with additional opportunities to scale exposure and enhance returns. **Hari Gopalakrishnan** and **Nicholas Macksey**, **Deputy Co-Heads of Private Capital Asia at EQT**, said, "The opportunity in Asia today has shifted from chasing growth to leading profound structural transformation. As the region evolves – redefining global supply chains and scaling digital champions – it has created a more complex investment landscape. In this environment, where performance is defined by earnings growth and active ownership, our value-creation capabilities are clear differentiators. With BPEA IX, we remain committed to backing market leaders and building resilient, global-scale businesses. This focus on future-proofing companies remains central to how we deliver consistent performance over time." BPEA IX will focus on control investments in leading companies across high-conviction sectors including technology, healthcare, industrial technology, services, and technology services. The Fund targets businesses with resilient fundamentals where EQT can drive operational improvement to accelerate expansion and long-term enterprise-building. EQT Private Capital Asia was established in 1997 and has deployed USD 30 billion in over 160 transactions. EQT’s Private Capital Asia portfolio today includes investments in approximately 65 companies in 10 countries, employing more than 270,000 people. BPEA IX is currently 5-10 percent invested (including closed and/or signed investments, announced public offers, if applicable, and less any expected syndication), based on the actual fund size. 1. Source: Preqin, based on total fund commitments (April 2026) 2. Source: Bain & Company, *Asia-Pacific Private Equity Report 2026* (March, 2026) **Contact:** Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15 EQT Press Office, This information was brought to you by Cision [http://news.cision.com](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4669097-1&h=3413609706&u=http%3A%2F%2Fnews.cision.com%2F&a=http%3A%2F%2Fnews.cision.com) [https://news.cision.com/eqt/r/eqt-raises-asia-pacific-s-largest-private-equity-fund–closing-bpea-ix-at-usd-15-6-billion-in-total-,c4337393](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4669097-1&h=869566849&u=https%3A%2F%2Fnews.cision.com%2Feqt%2Fr%2Feqt-raises-asia-pacific-s-largest-private-equity-fund--closing-bpea-ix-at-usd-15-6-billion-in-total-%2Cc4337393&a=https%3A%2F%2Fnews.cision.com%2Feqt%2Fr%2Feqt-raises-asia-pacific-s-largest-private-equity-fund--closing-bpea-ix-at-usd-15-6-billion-in-total-%2Cc4337393) The following files are available for download: [https://mb.cision.com/Main/87/4337393/4046928.pdf](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4669097-1&h=3022604285&u=https%3A%2F%2Fmb.cision.com%2FMain%2F87%2F4337393%2F4046928.pdf&a=https%3A%2F%2Fmb.cision.com%2FMain%2F87%2F4337393%2F4046928.pdf) BPEA IX ENG [https://news.cision.com/eqt/i/tokyo,c3529935](https://edge.prnewswire.com/c/link/?t=0&l=en&o=4669097-1&h=4139135064&u=https%3A%2F%2Fnews.cision.com%2Feqt%2Fi%2Ftokyo%2Cc3529935&a=https%3A%2F%2Fnews.cision.com%2Feqt%2Fi%2Ftokyo%2Cc3529935) Tokyo [Source link ](http://www.prnasia.com/story/archive/4939248_AE39248_0?rand=89749) ``` This content was prepared by our news partner, Cision PR Newswire. The opinions and the content published on this page are the author’s own and do not necessarily reflect the views of Siam News Network ``` ##### You May Also Like [](https://thailandbusinessnews.net/press-release/frost-sullivan-and-ifm-research-partner-to-accelerate-vietnams-next-phase-of-economic-transformation/) ## Frost & Sullivan and IFM Research Partner to Accelerate Vietnam's Next Phase of Economic Transformation SINGAPORE and HO CHI MINH CITY, Vietnam, May 12, 2026 /PRNewswire/ —… - [CISION PRNewswire](https://thailandbusinessnews.net/author/cision/ "View all posts by CISION PRNewswire") - May 12, 2026 [](https://thailandbusinessnews.net/press-release/eddid-financial-sagerock-capital-and-artwise-sign-mou-to-drive-art-tokenisation-and-blockchain-finance-in-hong-kong/) ## Eddid Financial, SageRock Capital, and ArtWise Sign MOU to Drive Art Tokenisation and Blockchain Finance in Hong Kong HONG KONG, July 27, 2026 /PRNewswire/ — Eddid Financial, a leading fintech-driven… - [CISION PRNewswire](https://thailandbusinessnews.net/author/cision/ "View all posts by CISION PRNewswire") - July 27, 2026 [](https://thailandbusinessnews.net/press-release/gac-groups-30-million-vehicle-milestone-the-numbers-behind-gac-speed/) ![GAC Group's 30 Million Vehicle Milestone: The Numbers Behind "GAC Speed"](https://i0.wp.com/mmx.prnasia.com/media/MS1891714/20260722213729EDT_image_1.jpg?resize=260%2C140&ssl=1 "GAC Group's 30 Million Vehicle Milestone: The Numbers Behind "GAC Speed"") - [Press Release](https://thailandbusinessnews.net/category/press-release/) ## GAC Group's 30 Million Vehicle Milestone: The Numbers Behind "GAC Speed" GUANGZHOU, China, July 23, 2026 /PRNewswire/ — Guangzhou Automobile Group Co., Ltd.… - [CISION PRNewswire](https://thailandbusinessnews.net/author/cision/ "View all posts by CISION PRNewswire") - July 23, 2026 ##### Most Read - [![2026 Beijing International Week for Science Literacy Launched in Beijing](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/2026-beijing-international-week-for-science-literacy-launched-in-beijing/ "2026 Beijing International Week for Science Literacy Launched in Beijing") [2026 Beijing International Week for Science Literacy Launched in Beijing](https://thailandbusinessnews.net/press-release/2026-beijing-international-week-for-science-literacy-launched-in-beijing/ "2026 Beijing International Week for Science Literacy Launched in Beijing") - [![iQIYI at the Shanghai TV Festival: Shaping the future of content with premium storytelling, AI, and global expansion](https://i0.wp.com/r2.thailandbusinessnews.net/2025/06/Xiao_CHEN_Senior_Vice_President_iQIYI.jpg?fit=599%2C401&ssl=1&resize=40%2C40)](https://thailandbusinessnews.net/press-release/iqiyi-at-the-shanghai-tv-festival-shaping-the-future-of-content-with-premium-storytelling-ai-and-global-expansion/ "iQIYI at the Shanghai TV Festival: Shaping the future of content with premium storytelling, AI, and global expansion") [iQIYI at the Shanghai TV Festival: Shaping the future of content with premium storytelling, AI, and global expansion](https://thailandbusinessnews.net/press-release/iqiyi-at-the-shanghai-tv-festival-shaping-the-future-of-content-with-premium-storytelling-ai-and-global-expansion/ "iQIYI at the Shanghai TV Festival: Shaping the future of content with premium storytelling, AI, and global expansion") - [![Power Transmission in Full Swing at the Infrastructure Site Amid Heavy Snowfall](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/power-transmission-in-full-swing-at-the-infrastructure-site-amid-heavy-snowfall/ "Power Transmission in Full Swing at the Infrastructure Site Amid Heavy Snowfall") [Power Transmission in Full Swing at the Infrastructure Site Amid Heavy Snowfall](https://thailandbusinessnews.net/press-release/power-transmission-in-full-swing-at-the-infrastructure-site-amid-heavy-snowfall/ "Power Transmission in Full Swing at the Infrastructure Site Amid Heavy Snowfall") - [![Eventify Unveils Event AI Copilot To Boost Attendee Experience](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/eventify-unveils-event-ai-copilot-to-boost-attendee-experience/ "Eventify Unveils Event AI Copilot To Boost Attendee Experience") [Eventify Unveils Event AI Copilot To Boost Attendee Experience](https://thailandbusinessnews.net/press-release/eventify-unveils-event-ai-copilot-to-boost-attendee-experience/ "Eventify Unveils Event AI Copilot To Boost Attendee Experience") - [![Amaran Biotech's Vaccine Adjuvant AB-801 Receives FDA Drug Master File (DMF) Filing Acknowledgement](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/amaran-biotechs-vaccine-adjuvant-ab-801-receives-fda-drug-master-file-dmf-filing-acknowledgement/ "Amaran Biotech's Vaccine Adjuvant AB-801 Receives FDA Drug Master File (DMF) Filing Acknowledgement") [Amaran Biotech's Vaccine Adjuvant AB-801 Receives FDA Drug Master File (DMF) Filing Acknowledgement](https://thailandbusinessnews.net/press-release/amaran-biotechs-vaccine-adjuvant-ab-801-receives-fda-drug-master-file-dmf-filing-acknowledgement/ "Amaran Biotech's Vaccine Adjuvant AB-801 Receives FDA Drug Master File (DMF) Filing Acknowledgement") - [![NWTN and Pakistan's JW Corporation Enter New Energy Commercial Vehicle Production Partnership, Implementing "UAE HQ + South Asia Manufacturing + Global Sales" Strategy](https://secure.gravatar.com/avatar/96e712b5408b51145de772098c3ff3417ce8a11555b7c388d84204c5769f5631?s=40&d=blank&r=g)](https://thailandbusinessnews.net/press-release/nwtn-and-pakistans-jw-corporation-enter-new-energy-commercial-vehicle-production-partnership-implementing-uae-hq-south-asia-manufacturing-global-sales-strategy/ "NWTN and Pakistan's JW Corporation Enter New Energy Commercial Vehicle Production Partnership, Implementing "UAE HQ + South Asia Manufacturing + Global Sales" Strategy") [NWTN and Pakistan's JW Corporation Enter New Energy Commercial Vehicle Production Partnership, Implementing "UAE HQ + South Asia Manufacturing + Global Sales" Strategy](https://thailandbusinessnews.net/press-release/nwtn-and-pakistans-jw-corporation-enter-new-energy-commercial-vehicle-production-partnership-implementing-uae-hq-south-asia-manufacturing-global-sales-strategy/ "NWTN and Pakistan's JW Corporation Enter New Energy Commercial Vehicle Production Partnership, Implementing "UAE HQ + South Asia Manufacturing + Global Sales" Strategy") ##### Subscribe via Email Enter your email address to subscribe and receive notifications of new posts by email. Email Address Subscribe [](https://thailandbusinessnews.net/press-release/ai-memory-storage-the-5th-gmif2026-innovation-summit-successfully-concludes-in-shenzhen/) ![AI Memory & Storage: The 5th GMIF2026 Innovation Summit Successfully Concludes in Shenzhen](https://i0.wp.com/mmx.prnasia.com/media/MS1996920/20260926103342EDT_image_1.jpg?resize=260%2C140&ssl=1 "AI Memory & Storage: The 5th GMIF2026 Innovation Summit Successfully Concludes in Shenzhen") ## AI Memory & Storage: The 5th GMIF2026 Innovation Summit Successfully Concludes in Shenzhen SHENZHEN, China, Sept. 26, 2026 /PRNewswire/ — On September 23, the 5th… [](https://thailandbusinessnews.net/press-release/2026-beijing-international-week-for-science-literacy-launched-in-beijing/) ![2026 Beijing International Week for Science Literacy Launched in Beijing](https://i0.wp.com/mmx.prnasia.com/media/MS1996957/20260927001808EDT_image_1.jpg?resize=260%2C140&ssl=1 "2026 Beijing International Week for Science Literacy Launched in Beijing") ## 2026 Beijing International Week for Science Literacy Launched in Beijing BEIJING, Sept. 27, 2026 /PRNewswire/ — The 2026 Beijing International Week for… [](https://thailandbusinessnews.net/press-release/2026-ims-iaso-bio-presented-fucaso-china-real-world-data/) ## 2026 IMS | IASO Bio Presented FUCASO China Real-World Data — In a large China real-world study of 281 heavily pretreated, predominantly… [](https://thailandbusinessnews.net/press-release/2026-ims-iaso-bio-presented-first-in-human-data-of-bcma-targeted-in-vivo-car-t-cell-therapy-iaso206/) ## 2026 IMS | IASO Bio Presented First-in-Human Data of BCMA-Targeted In Vivo CAR-T Cell Therapy IASO206 — Late-breaking oral presentation of first-in-human data (LBA-11) showed that a single…