EQT Foundation breaks cover on impact investing strategy: 'Our goal is not to deliver back capital'
24 apr. 2026
11:14
The investment arm of one of Europe's largest private equity groups has spent five years building quietly.
Now, with 22 portfolio companies under its belt, its CEO is ready to talk.
We sat down with Cilia Holmes Indahl, CEO of the EQT Foundation, to discuss:
→ How the foundation combines philanthropy with investing
→ How EQT's industrial network becomes a commercial asset
→ The critical minerals bottleneck threatening the energy transition
Now, with 22 portfolio companies under its belt, its CEO is ready to talk.
We sat down with Cilia Holmes Indahl, CEO of the EQT Foundation, to discuss:
→ How the foundation combines philanthropy with investing
→ How EQT's industrial network becomes a commercial asset
→ The critical minerals bottleneck threatening the energy transition
EQT is one of the world's best-known private equity firms. But within the group sits a far less visible player: the EQT Foundation.
Cilia Holmes Indahl has led it since August 2020. For most of those years, she says, the organisation kept its head down. It has taken until now - with 22 portfolio companies built up and 20 to 30 researchers funded annually - for her to feel there is enough to show.