EQT Credit held its final close in December 2010 with total commitments of EUR 350 million. The fund will primarily invest in the debt of operationally sound but over-leveraged mid-sized European companies and seeks to be a mid to long-term investor. The fund has the flexibility to make investments in the secondary market as well as by providing new funds where traditional sources of capital are unable to provide a satisfactory solution for stakeholders.

It is anticipated that the thorough diligence-oriented approach taken by EQT Credit and support from EQT’s network of industrial advisors will provide the fund with an advantage in investment selection.

The fund has made investments in over 10 companies since its first closing in December 2009.