Swedish buyout group EQT named company veteran Per Franzen as its new chief executive and managing partner, replacing Christian Sinding, who will step down in May.

Franzen is deputy managing partner and head of private capital for Europe and North America at EQT. He most recently led the €22 billion raise of EQT X, which was the largest private equity fund closed globally in 2024. EQT had €269 billion in total assets under management as of 31 Dec.

Franzen is currently the head of Private Capital for Europe and North America, in addition to being the deputy managing partner.

European buyout group EQT has appointed Per Franzén as its incoming chief executive, the firm’s third leader in 11 years.

EQT has named company veteran Per Franzén to be the Swedish private equity giant’s next chief executive. Franzén will assume the position in May following the firm’s annual shareholders’ meeting, according to a statement. He will succeed Christian Sinding, who has led EQT for six years and oversaw its public float in Stockholm in 2019. The...