EQT, a Swedish private equity firm, has completed with 9 billion euros ($10.2 billion) in funding for its new fund, EQT Infrastructure IV.

The investments came from both existing and new investors, with a majority of the commitments made by investors in the predecessor fund, EQT Infrastructure III.

The new fund intends to invest in high-quality companies with infrastructure characteristics and strong value creation potential.

Moreso, EQT Infrastructure IV aims to primarily pursue investment opportunities in Europe and North America and may opportunistically explore opportunities in the Asia Pacific.