Daniel Bullock
EQT is pleased to announce the appointment of Daniel Bullock as Head of Private Wealth, Australia. He will be based in Sydney and will report directly to Sueann Yeo, Head of Asia Pacific Private Wealth.
With over 15 years of experience in financial services and a demonstrated track record in wealth management, Dan will play a key role in advancing EQT’s strategy of expanding its private wealth footprint in the key market of Australia, which ranks third globally in terms of wealth growth and exceeds nearly AUD 1.6 trillion in high-net-worth wealth value.[1]
Dan joins EQT from GQG Partners, where he served as Head of Wholesale Markets. In this role, he was instrumental in developing and executing the go-to-market strategy for the Australian wholesale business. Under his leadership, Dan successfully raised over AUD 5 billion in assets under management, building a strong network with key industry stakeholders, including private wealth managers, financial advisors, and family offices. Prior to GQG Partners, he also held senior roles at Colonial First State and Magellan Asset Management. Dan holds a Master’s degree in Applied Finance from Macquarie University and a Bachelor of Commerce degree from the University of Wollongong.
Dan’s appointment is a key step in EQT’s broader strategy to enhance its private wealth presence in Australia, which is recognised as a fast-growing and sophisticated investor market. He will oversee EQT’s private wealth initiatives in Australia including EQT Nexus. Launched in May 2023, EQT Nexus is the firm’s evergreen investment strategy for private investors. With Nexus, EQT aims to provide individual and institutional wholesale investors alike access to the global investment platform that EQT’s institutional clients have benefitted from for 30 years.
EQT has been steadily expanding its private wealth initiatives. Since the launch of EQT Nexus in 2023, EQT has further expanded its evergreen strategies beyond private equity to include EQT Nexus Infrastructure. This new strategy provides both individual and institutional investors access to a diversified suite of infrastructure investment opportunities.
Sueann Yeo, Head of Asia Pacific Private Wealth at EQT, commented: “We are delighted to welcome Dan to EQT as we continue to expand our private wealth business in Australia. Australia’s substantial and growing private wealth market, coupled with an increasing appetite for alternative investments makes it a core market for us. With deep industry relationships and a track record of raising significant capital in the region, Dan is a valuable addition to our growing private wealth team at EQT. We look forward to his contributions as we continue to expand our local presence with EQT Nexus in this space.”
Dan Bullock, Head of Private Wealth, Australia, said: “EQT is the world’s third-largest private equity firm, built on decades of expertise and an active ownership approach to drive long-term value creation. I am thrilled to build upon EQT’s private wealth strategy in Australia and to collaborate with local distributors and partners to expand access to private market investments for a broader range of individual investors. By leveraging EQT’s global platform, sector expertise, and commitment to sustainability, we aim to deliver institutional-quality investment opportunities to private wealth clients seeking diversified, long-term growth.”
To further support its expanding private wealth business, EQT has reinforced its local-with-locals client coverage approach, making recent senior hires in key regions globally, ensuring personalised service and dedicated support for private wealth clients. Dan adds to a global team of nearly 100 professionals in the private wealth business at EQT. The firm has made substantial investments in strengthening its evergreen solutions supporting teams, including sales, operations, product management, and product development, to enhance operational efficiency and ensure a seamless, high-quality experience for investors and distribution partners. Today, EQT oversees over EUR 1 billion of capital from individual investors. In recent years, about 10% of EQT’s assets under management was from wealthy individuals and families, and that pool is growing. Going forward, 15- 20% of future fundraising is expected to come from private wealth.[2]
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