EQT Asia, a leading private equity firm, has identified India as one of its strongest exit markets following the closure of its $15.6 billion Asia-Pacific fund in April. The firm highlighted India's growth potential driven by underpenetrated buyouts, family-business transitions, and long-term economic tailwinds, according to co-head Hari Gopalakrishnan in an interview with livemint.com.
The fundraise marked the largest private equity fund closure in the Asia-Pacific region, underscoring EQT's commitment to expanding its footprint in India. Gopalakrishnan emphasized that India’s evolving market dynamics, including increasing buyout opportunities and the transition of family-owned businesses, make it a key focus area for the firm’s investment and exit strategies. EQT plans to leverage these factors to generate value for its investors.
India’s private equity sector has been gaining momentum with significant capital inflows and growing exit activity. EQT’s fundraise and focus on India reflect broader trends where global investors are targeting emerging markets with strong economic fundamentals. The firm’s approach aligns with other large PE players who see India as a critical market for long-term growth and profitable exits, especially in sectors undergoing structural change.
EQT’s $15.6 billion fund, closed in April, is the largest in the Asia-Pacific region to date, positioning the firm to capitalize on India’s expanding private equity landscape. Hari Gopalakrishnan’s remarks to livemint.com on June 23 provide a clear signal of the firm’s strategic priorities and confidence in India’s market potential.