Per Franzén Takes Charge as EQT AB’s New CEO in 2025
The Board of Directors of EQT AB has made a significant decision by appointing Per Franzén as the new CEO and Managing Partner. This change will take effect during the Annual Shareholders' Meeting in May 2025, marking a new chapter for the organization.
Per Franzén’s Journey at EQT
Per Franzén has been a pivotal figure at EQT for nearly two decades. He is currently serving as Deputy Managing Partner and Head of Private Capital Europe and North America. Throughout his tenure, he has been a driving force behind EQT's impressive growth trajectory, particularly in recent years.
Achievements Leading to His Appointment
Franzén's leadership led to the successful raising of EUR 22 billion for EQT X, making it the largest private equity fund closed globally in the past year. His efforts have positioned EQT well for continued success. The company recently announced record investments and significant portfolio growth, highlighting a promising future as it embarks on a EUR 100 billion fundraising cycle.
The Transition and Future Plans
Upon his appointment, current CEO Christian Sinding will transition to an Institutional Partner role. This ensures a smooth transition and ongoing leadership continuity as Franzén takes over. Sinding, who has guided EQT since 2019, will stay closely connected to the firm as the Chair of the newly formed EQT Council.
Strengthening Partnerships and Insights
The EQT Council, chaired by Sinding, aims to enhance EQT’s capability to forge meaningful partnerships and provide essential insights to clients for long-term success. This evolution in leadership reflects EQT's commitment to its values and objectives.
Franzén’s Vision for EQT
Franzén expressed his gratitude for the opportunity to lead EQT, emphasizing his passion for the firm and his dedication to continuing its legacy. He aims to collaborate with the Board and the entire EQT team to enhance the company's global platform and deliver exceptional value to clients and shareholders alike.
A Strong Leadership Legacy
With a history of success, Christian Sinding acknowledged the collective achievements of the EQT team. His years of dedication have transformed EQT’s market position significantly. Sinding's future contributions as Chair of the EQT Council highlight his lasting influence and commitment to the firm's excellence.
Welcoming a New Era at EQT
Chairperson Conni Jonsson commented on the transition, praising Sinding's impact on EQT's growth and strategic vision. She expressed confidence in Franzén's leadership, highlighting his proven track record and understanding of EQT's unique values-driven culture.
This leadership change is viewed within the company as a strategic step towards enhancing EQT's future, fostering innovation, and expanding into new markets.
Frequently Asked Questions
1. Who is the new CEO of EQT AB?
Per Franzén has been appointed the new CEO and Managing Partner of EQT AB, effective from May 2025.
2. What role will Christian Sinding play moving forward?
Christian Sinding will transition to an Institutional Partner role and will chair the EQT Council.
3. What has been Per Franzén's contribution at EQT?
Franzén has significantly contributed to EQT's growth, including leading the successful EUR 22 billion raise for EQT X.
4. What is the EQT Council?
The EQT Council is designed to enhance partnership opportunities and provide clients with insights necessary for long-term success.
5. What is the vision for EQT under Franzén's leadership?
Franzén aims to build on EQT's existing successes while driving innovation and expansion in the investment landscape.
