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EQT names GQG's Daniel Bullock as Australian private wealth boss

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The news: Global investment group EQT has appointed of GQG Partners' Daniel Bullock as head of private wealth in Australia.

The numbers: Bullock has been GQG's director of wholesale markets since 2019 and before that worked at Magellan Financial Group and Colonial First State.

At GQG, Bullock led the go-to-market strategy for its Australian wholesale business and helped raise over $5 billion in assets under management.

The context: EQT said Bullock's appointment is a "key step" in a broader strategy to enhance its private wealth presence in Australia.

He will oversee EQT’s private wealth initiatives in Australia including EQT Nexus, the firm’s evergreen investment strategy for private investors.

Stockholm-headquartered EQT was ranked as the third largest private equity firm worldwide in 2024 based on funds raised. It currently holds €269 billion ($461 billion) in total assets under management.

What they said: "We are delighted to welcome Dan to EQT as we continue to expand our private wealth business in Australia," said Sueann Yeo, head of Asia Pacific private wealth at EQT.

"Australia’s substantial and growing private wealth market, coupled with an increasing appetite for alternative investments makes it a core market for us."

The source: EQT media release


By Hugo Mathers