EQT chief: Scaleup Europe Fund might blow past €5B target – despite conflict
13 Jul 2026
15:56
The Scaleup Europe Fund is on track to raise more than its €5bn goal, according to Per Franzén, chief at EQT, which manages the fund.
The news comes despite an ongoing dispute between France and the UK over whether non-EU states should be able to access the money.
The news comes despite an ongoing dispute between France and the UK over whether non-EU states should be able to access the money.
The EU's Scaleup Europe Fund is expected to raise more than its €5bn target.
Per Franzén,chief executive at EQT, the Swedish private equity firm selected to manage the vehicle in May, told the Financial Times last week that interest had been "beyond what we had anticipated."