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European private equity group EQT says now is the moment to buy into US

Opportunity for expansion comes as big investors reassess allocations to US and the buyout sector
Per Franzén has stepped into the top job at the €273bn asset manager at a juncture for the private equity industry

European private equity group EQT should capitalise on investor fears about the US to build up its business in the country, buying up rival firms if necessary, its founder and chair has told the Financial Times.

“We probably need to get more presence in the US,” said Conni Jonsson, who started the asset manager in 1994 and built it into Europe’s largest private equity firm with €273bn in assets.

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