EQT raises fundraising target after Q3 FAUM jumps €42bn

EQT’s third-quarter 2026 presentation showed funds under asset management increasing by €42bn, while the firm raised its fundraising target. The figures come from slides dated to the quarter and identify fundraising as the main change in the update.

The development follows EQT’s existing focus on expanding assets across private markets. Its FY 2025 results recorded $8.6B of revenue, up 63.9% year over year, with a 23.6% net margin and $3.31 diluted EPS.

For EQT, the mechanism is fundraising: higher FAUM can expand the asset base supporting management fees, while the revised target signals a higher stated ambition for capital gathering. The available company figures establish the prior annual revenue and profitability backdrop but do not determine how much of the €42bn increase converts into fees.

The next evidence point is EQT’s forthcoming quarterly reporting, where investors can assess fundraising against the raised target and see how the larger FAUM base is reflected in fee revenue and earnings.