EQT Executives Said to Weigh Buyout of $4.3 Billion Credit Arm

Top executives at Swedish private equity firm EQT AB’s credit unit are considering a management buyout of the business, according to people with knowledge of the matter.

Senior management of the division have reached out to potential financial backers to gauge their interest in supporting a deal, one of the people said, asking not to be identified because the information is private.

The private equity firm said last week that it’s working with JPMorgan Chase & Co. to evaluatestrategic options for the credit unit, which invests mostly in direct lending and distressed debt. EQT is considering a number ...