EQT AB (publ) (EQT) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone and welcome to EKT's H1 results. It's been a very busy first half where we executed strongly across the board despite the volatile market backdrop. First, we delivered on our focus on realizations and returning liquidity to our clients. Exit volumes more than tripled compared to the first half of last year. And over the past 12 months, our realizations exceeded investments. Realizations delivered a weighted average returns of 2.3x over the last 12 months. Second, we delivered on our fundraising agenda with the final close of Infra 6 at hard cap, a strong first close of BPA 9 and the launch of EQT 11. Third, we reached several milestones in our private wealth journey. EQT Nexus is now available in more than 20 countries and we launched two new evergreen vehicles. And not least, we had a CEO transition. And today, Per will cover not only our results, but also take some time to reflect on the market dynamics, industry developments, and importantly, the strategic priorities for EQT. So let us go directly to Per. Next slide, please. Thank you, Olof, and good morning, everyone. I'm very excited to present to you all today our first half results as the CEO of IKIT. In a volatile market environment, we remain well positioned to continue to deliver on our objectives. Our strong global presence and the geographical diversification puts us in a good position to continue to deliver Alpha for clients in a volatile and increasingly multipolar world. Our global platform gives us an edge in relation to both monetizing investments and sourcing new deals. And this is actually particularly true in the current slower deal-making environment that we're seeing in parts of the world. We continue to find attractive thematic investment opportunities, and we put 7 billio...