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EQT sells credit arm to Bridgepoint after strategic review

The details of the transaction were not disclosed but EQT said the proceeds from the sale will be used to deliver on its growth strategy

UK-based Bridgepoint is set to acquire EQT’s private debt arm, creating a combined credit business with approximately €7bn in assets under management.

The sale of EQT Credit comes after the Swedish buyout group concluded a strategic review of the division that was announced in January.

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