EQT's $344M KGS Secondary Offering Sparks 20.6% Volume Drop, Shares Fall 1% as 364th Most Active

On September 9, 2025, , . . The transaction, underwritten by Goldman Sachs, involved no new share issuance from KGS, with proceeds entirely directed to the selling stockholder. , calculated from disclosed figures.

The secondary offering underscores EQT's strategy to monetize infrastructure investments while maintaining operational independence for its portfolio companies. , . . However, the timing of the offering may have influenced short-term sentiment, .

, as the firm does not directly control or operate the compression services provider. The offering highlights the distinction between EQT's private capital segment and its public infrastructure holdings. , . .

limitations for multi-asset strategies persist, as current systems cannot process dynamic portfolios exceeding 500 tickers. Testing frameworks remain constrained to single instruments or pre-defined lists, requiring alternative approaches for comprehensive performance analysis.