A look inside EQT’s prospectus: tax bills, Brexit and ‘unauthorized payments’

The 'risk factors' section of the document provides insight into the challenges faced by a large private markets firm.

An IPO gives us a rare chance to look behind the curtain of a global private markets firm. Within the “risk factors” section of EQT’s prospectus – released late last week – are some interesting nuggets that shine a light on the issues that PE firms of a certain size have to deal with. This piece from Philippa Kent highlights some points of interest, including an investigation into “unauthorized payments” and its ongoing court battle with the Swedish tax authorities.

Email prepared by Toby Mitchenall.