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In December, EQT Private Capital Asia, a division of Swedish private equity giant EQT, completed a purchase of its Southeast Asian real estate platform Guru, with an all-cash transaction value of $1.1 billion. Large deals like this have helped drive a third of the growth of Stockholm-listed parents over the past year, thus increasing the wealth of EQT Asia Chairman Jean Salata to $7.8 billion.

Salata has recently set its sights on India, where EQT has invested more than $6 billion in about 12 companies. Last September, EQT acquired housing finance company Indancer Home Finance for Rs 2,4 billion (US$210 million) and invested an additional Rs 5 billion to fund its expansion. Three months later, in EQT Asia's first infrastructure exit, it reached a $1.5 billion deal to sell renewable energy company O2 Power, a joint venture with Temasek, a sovereign wealth fund, Singapore, led by the unit of JSW Energy, the son of Sajjan Jindal, Savitri Jindal, Savitri Jindal, Savitri Jindal, Savitri Jindal, the son of Savitriest Woman.

Salata said at a recent media event in Delhi that India is a “an investment destination that is extremely attractive for international investors like us”.