EQT Fund Management S.A.R.L
Private equity with venture activity, based in Luxembourg, reporting $5.0B of fund assets on its funds' Form ADV filings.
Composed from this organization's classification, location and filed figures.
2 additional team members, 37 additional co-investors and affiliates, 20 additional investments, funds and LPs, 34 events, 1 verified contact (1 firm phone)
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- 3 vehicleson Form D, 18 months
$1.56B reported sold so far.
A Form D is filed when a vehicle takes its first money, so these are open to LPs now.
People to know
View all people- DirectorWhy: Named with investment responsibilityNo route on file yet
Relationship network
68 connected entities
From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.
Some relationships on this record are counted rather than named here. They open with the full profile.
Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.
- Sponsor
- Fund or vehicle
- Person
›How strength and recency are read
Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.
Darker lines were active in the last 24 months or are current; lighter lines are older or undated.
How am I connected?
Name your firm, a company or a person, and DFX finds the published routes to EQT Fund Management S.A.R.L: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.
See how you connect to EQT Fund Management S.A.R.L
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Investing
43 companies on record, 3 new in 12 months
Investments on record
What these amounts mean“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.Acquired, Public, Exited and Active are what the firm’s own portfolio card says, read on the date shown when you hover the chip; they are not deal dates. A company with no chip is one whose card states no outcome: DFX does not assume it is active.Stated thesis versus observed behaviour
- Sectors
- not stated or not yet read
- Stages
- not stated or not yet read
- Geography
- not stated
- Check size
- not stated; DFX does not estimate checks from round sizes
Team
19 current, 1 departed
Decision makers
Who else at this firm · 2 people, grouped by function
Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.
Investment team
How the team is orderedPartners who lead rounds first (rounds led, then deals attributed, then seniority), then the rest of the investment team, then investor relations, finance and operations. A person named by two sources under two spellings is shown once.- Director
- Board Member
- Board Member
1 departed (kept with end dates)
- Joshua Stone · Board Member · Dec 1, 2015 to Mar 30, 2026 Fact
Contacts
1 firm phone on record, each with its source. Values open with the complete profile.
Funds and LPs
13 vehicles, 0 LPs disclosed
Funds and vehicles
What these amounts meanGAV is the gross asset value the adviser reported on Form ADV for the vehicle, never the fund’s committed size and never dry powder. Form D sold is the amount sold as of the latest filing, never a final close.| Vehicle | Type | Vintage | Lifecycle | Reported GAV | Owners | Form D sold | Latest Form D |
|---|---|---|---|---|---|---|---|
| EQT Life Sciences Growth (no.1) Scsp | Growth fund · ADV: Private Equity Fund | 2024 form d first sale | Fundraising | $164M Mar 30, 2026 | 10 | $1.2B | Jul 8, 2026 |
| EQT Life Sciences Growth (no.2) Scsp | Growth fund · ADV: Private Equity Fund | 2024 form d first sale | Fundraising | $49.5M Mar 30, 2026 | 5 | $318M | Jul 8, 2026 |
| EQT Health Economics 3 Cooperatief U.A. | Fund | 2024 form d first sale | Fundraising | unknown | unknown | $580,000 | Dec 3, 2025 |
Limited partners
Known LPs and allocators
What these amounts and dates areEach commitment is counted once across the pension tape and the allocator graph. A commitment date prints only when the source printed one; otherwise the row carries the report date. A foundation’s 990-PF line is a holding at fair value, never a commitment. Rows without a fund on the venture graph are commitments to this manager.Relationships across DFX
90 co-investors · on 3 other DFX graphs
Co-investors
- 2026-10-014 shared deals · strong · this firm led 1
- 2026-09-293 shared deals · recurring · they led 2 · this firm led 2
- 2026-10-012 shared deals · recurring
Across DFX and the capital chainon 3 other DFX graphs ShowHide
- The same institution is held on Allocators, Real Estate Funds, Private Equity, matched by identifier. See which records
EQT Fund Management S.A.R.L is the same institution as 3 records in Allocators, Real Estate Funds and Private Equity.
DFX found 3 relationships across 3 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Checking your plan…
Evidence and history
39 dated events, 37 observations from 2 sources
Timeline
- seen on or beforeSep 24, 2026EQT Fund Management S.A.R.L: MULTI_STAGE_VC -> PE_WITH_VENTURE_ACTIVITY (exempt reporting adviser (private fund exemption); venture funds are 12% of 69 private funds)Classification changedClassificationInference
- Mar 30, 2026Joshua Stone (Board Member) no longer on Schedule A of EQT Fund Management S.A.R.L
- Mar 27, 2024EQT Ventures Mentor (no.2) Scsp no longer reported on Form ADV by EQT Fund Management S.A.R.L
- Mar 27, 2024EQT Growth Network Scsp no longer reported on Form ADV by EQT Fund Management S.A.R.L
- Mar 27, 2024EQT Growth Co-Investment (c) Scsp no longer reported on Form ADV by EQT Fund Management S.A.R.L
Identity and regulatory footprint
Address, phone, Form ADV filing and ownersForm ADV filed Mar 30, 2026 · 69 private fundsShowHide
- Headquarters
- Luxembourg, Luxembourgadviserinfo.sec.gov
- Office address
- unknownadviserinfo.sec.gov
- Business phone
- unknownadviserinfo.sec.gov
- Website
- unknown
- SEC adviser type
- Exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- Private fund adviseradviserinfo.sec.gov
- Latest Form ADV
- Mar 30, 2026
- Private funds reported
- 69 (8 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets, adviser total
- $102Badviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- Owners on Schedule A
- EQT Ab (Shareholder), owns 75% or more
Classification history
Classification history
Every classification this record has carried3 on recordShowHide
- Sep 24, 2026Private equity with venture activity (probable, 75%)Exempt reporting adviser (private fund exemption); venture funds are 12% of 69 private funds
- Sep 23, 2026Multi-stage venture firm (probable, 80%)Both early and growth/opportunity families, reported GAV $5.0B
- Sep 12, 2026Multi-stage venture firm (probable, 80%)Both early and growth/opportunity families, reported GAV $3.0B
Evidence
Every observation behind this profile, with its source, date and class
| Fact | Value | Effective | Class | Source |
|---|---|---|---|---|
| SEC exemption claimed | Private fund adviser | Apr 9, 2024 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Mar 30, 2026 | Fact | Form ADV |
| SEC adviser type | Exempt reporting adviser | Apr 9, 2024 | Fact | Form ADV |
| First Form ADV filing | 2017-06-19 | Mar 30, 2026 | Fact | Form ADV |
| First Form ADV filing | 2017-06-19 | Apr 9, 2024 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-29 | Sep 30, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-25 | Sep 26, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-23 | Sep 24, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-21 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1+panel:2026-09-22 | Sep 23, 2026 | Fact | Form ADV |
| Adv history loaded | adv-hist-1 | Sep 12, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2026-03-30 | Mar 30, 2026 | Fact | Form ADV |
| Latest Form ADV filing | 2024-04-09 | Apr 9, 2024 | Fact | Form ADV |
| Venture share of reported funds | 0 | Mar 30, 2026 | Fact | Form ADV |
| Venture share of reported funds | 0 | Apr 9, 2024 | Fact | Form ADV |
| Business phone | Apr 9, 2024 | Fact | Form ADV | |
| Headquarters | Luxembourg, Luxembourg | Apr 9, 2024 | Fact | Form ADV |
| Office address | Apr 9, 2024 | Fact | Form ADV | |
| Legal form | Other (specify) | Apr 9, 2024 | Fact | Form ADV |
| Private funds reported | 69 | Mar 30, 2026 | Fact | Form ADV |
| Private funds reported | 57 | Apr 9, 2024 | Fact | Form ADV |
| Private fund gross assets (reported) | $102B | Mar 30, 2026 | Fact | Form ADV |
| Private fund gross assets (reported) | $68B | Apr 9, 2024 | Fact | Form ADV |
| Schedule a diff | sadiff-1 | Mar 30, 2026 | Fact | Form ADV |
| Venture funds reported | 8 | Mar 30, 2026 | Fact | Form ADV |
| Venture funds reported | 12 | Apr 9, 2024 | Fact | Form ADV |
How this is scored
Scores, classification basis and filing advisersPrivate equity with venture activity, probable · 3 filing advisers share this firmShowHide
Exempt reporting adviser (private fund exemption); venture funds are 12% of 69 private funds
This firm files as 3 advisers on : LSP Advisory Bv, LSP Or Life Sciences Partners. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.
- importance
- gav: 0.81 · funds: 0.83 · people: 0.08 · investments: 0 · scale basis: Venture-typed funds only (Private equity with venture activity): 10 funds, $4.6B of $5.0B reported · co investors: 0.79
- active deployment
- investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: not scored
- emerging manager
- fund count: 23 · reported gav: $5.0B · first adv filing: 2017-06-19 · years since first filing: 9.3
Fits, record history and connections
scored matches for this investor, every identity change, every edge
Record history
- Organization classification changed2026-09-24
- Grouped with firm2026-09-14
- Adviser's first ADV filing2017-06-19source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.