EQT, a prominent private equity firm, has emphasized its strategy of pricing initial public offerings (IPOs) at a discount to ensure profitability for all investors.
The chairperson of EQT Asia, Jean Salata, stated that taking a company public is the start of a modernization journey rather than an exit strategy. The firm aims to establish a reputation for investing in high-quality businesses by ensuring that public offerings generate ongoing wealth. Salata emphasized that the goal is not to maximize initial value but to promote long-term growth and value creation.
This approach was recently demonstrated with the listing of Sagility India, a portfolio company, which has seen its share price rise by over 28% since its market debut on December 12. EQT's commitment to investor value reflects its broader investment philosophy in the Indian market, where it has invested more than $6 billion in the past 18 months.