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UPDATE 1-Swedish private equity firm EQT to begin review of credit business

Swedish private equity firm EQT AB will conduct a strategic review of its credit business, it said on Thursday in a quarterly report that also showed a drop in total investments. EQT said it had appointed J.P. Morgan as financial adviser for the review of the credit business, which had 3.9 billion euros ($4.3 billion) of assets under management.

[ reuters.com ] companyNews,

Private equity firm EQT to begin review of credit business

Swedish private equity firm EQT AB will conduct a strategic review of its credit investments business after a drop in total assets under management, it said on Thursday. EQT said it had appointed JP Morgan as financial adviser for the review of the credit business, which had 3.9 billion euros ($4.3 billion) of assets under management.

[ reuters.com ] companyNews,
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