The Teachers’ Retirement System (TRS) of Louisiana has approved a first-time commitment of up to $50 million to EQT Infrastructure VI.
EQT is seeking to raise $20 billion ($22 billion) for the value-add infrastructure fund. The fund will seek to deploy €200 million to €1 billion ($216 million to $1.08 billion) of equity checks in approximately 15 to 20 companies.
EQT Infrastructure VI will focus on five primary sectors: digital, energy, transportation and logistics, environmental and social themes. Investments will be located predominantly in Europe and North America (with an ability to invest in other countries outside these regions, with an Asia Pacific focus). The fund primarily will target control and co-control value-add equity investments in operating assets with strong growth potential and opportunities for operational improvements and/or strategic repositioning.
EQT has raised €32.8 billion ($35 billion) in total commitments across the prior five