Deals
EQT Taps Top Microsoft Dealmaker to Hunt for Growth Investments
- Brown had overseen deals involving LinkedIn and Flipkart
- EQT also hired former executive from Softbank for new group
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EQT AB hired Microsoft Corp.’s long-time dealmaker Marc Brown to lead a new growth investment team, adding to signs that private equity firms are seeking new strategies to diversify and boost returns.
The move will give Stockholm-based EQT a foothold in a lucrative pool of companies -- ones that have gone beyond initial funding rounds and scale quickly but don’t yet have the profile of mature firms with years of revenue and profitability, Chief Executive Officer Christian Sinding said in an interview.