Kirkland & Ellis advised EQT AB on the signing of its combination with Exeter Property Group (Exeter), a leading global real estate investment manager with more than $10 billion of assets under management (AuM). The combination is valued at roughly $1.8 billion, and creates a scaled, global real estate investment platform, adding one of the largest and well performing, value-add real estate investment managers in the world to EQT’s successful platform. It also provides Exeter management with the ability to continue their track-record as a top-performing, real estate investment manager. The combination accelerates EQT AB's strategic growth ambition within Real Estate, creating a scaled thematic investment platform with global reach, and further strengthens EQT as a global leader in value-add investment strategies across private equity, infrastructure and real estate.
The Kirkland team was led by transactional partner Roger Johnson and investment funds partner Erica Berthou, and also included transactional partners Aneeq Durrani and Adrian Duncan and investment funds partner Richard Robinson.