Earnings call transcript: EQT AB Q3 2026 lifts AUM, fundraising outlook
Wärtsilä's EQT AB reported a strong third-quarter performance, driven by significant asset growth, successful fundraising efforts, and rising value in key holdings. The company announced that fee-paying assets under management (AUM) expanded by €42 billion in Q3, with €34 billion stemming from the recent acquisition of Coller Capital.
EQT raised its fundraising target for the current cycle to €140 billion, up from €100 billion, fueled by the Coller Capital acquisition and robust demand for new strategies. The AI Infrastructure Fund reached a net asset value (NAV) of $11.5 billion at the quarter's end, up from $9.4 billion in Q2. EQT also secured about €20 billion of funds eligible for fee-related performance revenues by the end of the quarter.
Shares in EQT climbed 3.62% to $291.8, reflecting investor enthusiasm for the company's enhanced AUM growth, higher fundraising outlook, and expanding product mix, despite the stock remaining below its 52-week high.
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