EQT launches Growth strategy – Marc Brown joins as Head of EQT Growth
EQT announces that Marc Brown, former Microsoft Corporate Vice President of Corporate Development, has joined as Partner and Head of EQT Growth. Having overseen Microsoft’s M&A and strategic investment activities, leading more than 185 acquisitions (including LinkedIn, GitHub and Minecraft) and 80 strategic equity investments (including Flipkart, Databricks and Graphcore), Marc’s experience across the technology industry landscape makes him perfectly suited to lead the Growth strategy.
Earlier this year, Carolina Brochado joined EQT as Partner in London and will join the Growth team. Formerly a partner at both Softbank and Atomico, Carolina has experience across several investment disciplines, including private equity, venture capital and growth. In addition to Carolina Brochado and Marc Brown, the initial EQT Growth team will also include EQT veterans and Partners Victor Englesson, Dominik Stein and Johan Svanström, and Henrik Landgren, Motherbrain Partner, who will work across Ventures and Growth.
EQT Growth is a key pillar in EQT’s overall ambition to be the preferred partner to founders and management teams as they build and grow market leading businesses that have the bold ambition of making the world a better place. More specifically, EQT Growth will explore thematic growth opportunities between venture capital and private equity that are aligned with EQT’s key investment areas such as B2B tech, healthcare tech, impact tech and consumer/prosumer tech. EQT AB will utilize its balance sheet to support investments aligned with the EQT Growth strategy.
Growth will be an extension from a number of successful growth transactions from EQT’s Mid Market, Private Equity and Ventures investment strategies (such as Epidemic Sound, Freepik, Sportradar, Banking Circle, AutoStore, and Wolt). Motherbrain, EQT’s proprietary in-house artificial intelligence (AI) system, will also play a crucial role in the EQT Growth strategy in assisting in identifying trends and sourcing potential investment opportunities.
Per Franzén, Partner and co-head of Private Equity said: “We’re pleased to welcome Marc and Carolina to EQT and look forward to a strong collaboration across the entire Private Capital platform. They will bring vast technology and investment experience The Growth strategy will apply EQT’s thematic focus and seek future champions, and will be a critical next step in the development of EQT Private Capital and further manifesting our future-proofing and positive impact approach.”