Swedish alternative asset manager EQT has named Per Franzen as its new CEO and managing partner, effective on the annual shareholders’ meeting on 27 May 2025.
Franzen will take over from Christian Sinding, who has been pivotal in EQT’s growth since its 2019 IPO, elevating the firm’s market capitalisation from approximately €7bn ($7.3bn) to €40bn ($41.9bn).
Christian Sinding will continue as the CEO until the Annual Shareholders’ Meeting, ensuring a seamless transition.
Sinding joined EQT in 1998 and has been CEO since 2019. Post-transition, he will become an institutional partner, chair the EQT Council, and continue to chair the Global Investment Forum.
Franzen, with nearly two decades at EQT, currently serves as head of Private Capital Europe and North America and deputy managing partner.
He played a crucial role in the recent €22bn ($23bn) capital raise for EQT X, which is claimed to be the largest private equity fund globally in 2024.
Access the most comprehensive Company Profiles
on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Company Profile – free
sample
Thank you!
Your download email will arrive shortly
We are confident about the
unique
quality of our Company Profiles. However, we want you to make the most
beneficial
decision for your business, so we offer a free sample that you can download by
submitting the below form
By GlobalData
Under his guidance, EQT Private Capital Europe and North America now manages €113bn ($118.4bn) in assets.
Franzen said: “It is an honour to be appointed CEO of EQT. I am truly passionate about the firm, having spent most of my career here, and I am deeply committed to building on the fantastic global platform we have established under Christian’s leadership.”
Franzen’s tenure at EQT Partners began in May 2007. Based in London, with previous stints in Stockholm and Munich, he has been involved in significant investments such as Anticimex, IVC Evidensia, and IFS.
Before EQT, he spent six years at Morgan Stanley in M&A, Leveraged Finance, and Nordic Banking.
EQT board chairperson Conni Jonsson said: “Christian has taken EQT through a period of remarkable transformation. His vision, dedication and unwavering commitment have been instrumental in establishing EQT’s leading global position.
“He successfully led us through our 2019 IPO and has had a relentless attention to performance and culture as EQT has expanded into new markets and strategies.”
With over three decades of experience in developing companies worldwide, EQT manages €269bn ($282bn) in total assets, with €136bn ($142.5bn) in fee-generating assets, across private capital and real assets segments.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.