Debevoise & Plimpton LLP has advised EQT in the final close of BPEA Private Equity Fund IX (the "Fund" or "BPEA IX"), which reached a hard cap $15.6 billion of total commitments, including $14.9 billion in fee-generating assets under management.

The Fund was oversubscribed, driven by strong demand from a globally diversified investor base. BPEA IX is the largest-ever Asia Pacific-dedicated private equity fund raised to date.

BPEA IX saw strong participation from both existing and new investors, attracting over 75 new investors, including more than 45 from across EQT's broader investment platform.

For full details, see the official release here.

The Debevoise team advising EQT was led by partner Shawn Yang, and included partners Gavin Anderson, Christopher Dortschy and Jin-Hyuk Jang, counsel Julia Ahn, Mathieu Voos and David Wan, associates Julianna Chan, Erica Chen, Yueting Chen, Cecilia Chung, Ariel Nörenberg, Lukas Ott, Joyce Quan, George Tan, Sibylle Vieille-Cessay, Alexander Walenta, Eike Björn Weidner and Eric Xu, international associates Michelle Qi and Ellena Fengqi Xu, registered foreign lawyers Hongda Wang, Yinan Xuan and Guang Yang, and corporate staff attorney Bobbie Chung. Tax advice was provided by partner Mai Shapiro, counsel Pamela Boorman and Paul Eastham, associate Christopher Gossage, registered foreign lawyers Jose Faina and Sophia Huang, and law clerk Travis Long. Finance advice was provided by associates Alexander Bell, Renqiu Chen and Barney Lynock.