Brexit Drama Scares Off Biggest Nordic Private Equity Fund EQT
- EQT’s von Koch says Europe’s potential is underestimated
- Donald Trump presidency a realistic possibility: von Koch
Brexit: Why are Markets Relaxed but Equity Funds Scared?
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EQT Partners AB, the biggest private equity fund in the Nordic region, says it’s steering clear of Britain as the country prepares to hold a vote on its European Union membership.
"Our industry hates uncertainty and we haven’t opened a fund there since the vote was announced,” Thomas von Koch, EQT’s managing partner, said in an interview on Monday at the firm’s Stockholm headquarters. “The U.K. is on ice for us."