EQT's Strategy for Exiting Capital

EQT's biggest sector is healthcare, which is relatively non-cyclical and driven by secular trends. Infrastructure is one of our biggest asset classes where there's a lot of change happening in the world physically. The process of exiting is actually much more work and much more disruptive to management than we think. EQT: exits are hard in this market. When times are good, you can sell good companies,. You can sell bad companies.