Swedish private equity firm EQT to begin review of credit business
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STOCKHOLM (Reuters) - Swedish private equity firm EQT AB will conduct a strategic review of its credit business, it said on Thursday in a quarterly report that also showed a drop in total investments. EQT said it had appointed J.P. Morgan as financial adviser for the review of the credit business, which had 3.9 billion euros (£3 billion) of assets under management.The credit operation's growth prospects are in areas outside EQT’s core business of active ownership, the firm said as it..