Swedish investment firm EQT has appointed Hari Gopalakrishnan and Nicholas Macksey as co-heads of its Private Capital Asia business, according to a statement on Thursday.
The appointments take effect immediately following the elevation of Jean Eric Salata to chairman of EQT Group. Salata will continue to serve as chairman of EQT Asia and chair of the firm’s Private Capital Asia investment committees.
Gopalakrishnan and Macksey are both long-serving executives who joined the firm nearly two decades ago and have played key roles in expanding EQT’s Asia franchise.
Gopalakrishnan, who joined in 2007 as part of EQT’s founding India team, currently serves as head of Private Capital India and global co-head of services. He has been involved in building EQT’s technology services investment platform through deals including Hexaware, Coforge, Sagility, and Virtusa.
Macksey, who joined EQT in 2006, currently leads the firm’s mid-market opportunities strategy in Asia. He helped establish the strategy and led the fundraising for its inaugural fund, which closed at $1.6 billion in 2024, more than twice its original target size.
“Having worked alongside them for nearly two decades, I have seen firsthand their development into outstanding investors, leaders and trusted partners,” Salata said in the statement.
“Their appointments reflect the depth of talent we have built across our Asia platform and our long-standing commitment to developing the next generation of leadership from within,” he added.
Gopalakrishnan said Asia continues to offer attractive long-term investment opportunities, particularly in sectors driven by technology adoption and rising domestic demand.
“It is a privilege to take on this responsibility at such an exciting moment for EQT and for Asia,” he said.
Macksey said EQT remains optimistic about the region’s growth prospects and plans to further strengthen its position as a long-term investor in Asia.
“What has always made EQT’s Asia platform special is the combination of ambition, entrepreneurship and partnership that has defined the business since its earliest days,” he said.
EQT’s Private Capital Asia platform, established in 1997, has deployed around $30 billion across more than 160 transactions. The firm recently closed its BPEA IX fund at $15.6 billion, which it described as the largest Asia Pacific-focused private equity fund raised to date.
EQT’s Private Capital Asia portfolio includes investments in about 65 companies across 10 countries, employing more than 270,000 people.
