EQT Welcomes Sir Alok Sharma as Senior Advisor on Geopolitical and Economic Trends

EQT Welcomes Sir Alok Sharma as Senior Advisor on Geopolitical and Economic Trends

(IN BRIEF) EQT, a leading private equity firm, appoints the Right Honorable Sir Alok Sharma KCMG as Senior Advisor on geopolitical topics and economic trends, leveraging his extensive experience in sustainability. Sir Alok, former President of the 2021 United Nations Climate Change Conference (COP26) and Secretary of State for Business, Energy, and Industrial Strategy in the UK, brings valuable insights to EQT’s global network of Industrial Advisors. In his part-time role, he will advise on sustainability-related matters, dealmaking, and portfolio value creation, aligning with EQT’s thematic investment approach focusing on energy transition, decarbonization, and healthcare access.

(PRESS RELEASE) STOCKHOLM, 11-Mar-2024 — /EuropaWire/ — EQT’s global network of Industrial Advisors includes more than 600 members from across nearly 50 nationalities who support EQT hands-on in investment strategy and serve on the boards of the EQT funds’ portfolio companies. In his new part-time role, Sir Alok will advise on a range of geopolitical topics and economic trends, drawing on his extensive experience in sustainability while supporting dealmaking and portfolio value creation.

Sir Alok was appointed President Designate of COP26 in 2020, alongside his role as Secretary of State for Business, Energy and Industrial Strategy. He took on the COP26 role full-time in 2021 and served as COP President until 2022. Under Sir Alok’s leadership, almost 200 nations signed the historic Glasgow Climate Pact, aiming to turn the 2020s into a decade of climate action through strengthened efforts to build climate resilience, curb greenhouse gas emissions, and provide the necessary finance for both. As a testament to his services to tackling climate change, Alok was knighted in 2023.

Bettina Siempelkamp, Global EQT Network Managing Director, said, “EQT is delighted to welcome Alok to the EQT Network. His leadership in sustainability and vast experience in sectors relevant to EQT’s thematic investment strategy will be very valuable as EQT aims to accelerate its contributions to decarbonization and climate-related investments.”

Incoming Senior Advisor Sir Alok Sharma, who previously worked with EQT during his time in investment banking, said, “I am delighted to be joining EQT, one of the leading private equity firms in the world, and supporting their work and investments to help deliver sustainable growth.”

Guided by its thematic investment approach, EQT invests behind key sustainability trends such as energy transition, decarbonization, and access to healthcare, looking to create long-term value. Recent investments include Statera, Madison Energy Investment, and Indira IVF.

Media Contact:

EQT Press Office
press@eqtpartners.com

SOURCE: EQT