stockholmeqt ab said tuesday that its funds invested 3 billion euros 295 billion in the third quarter of 2022 with assets under management rising 31 on year the swedish privateequity company said assets under management rose to eur923 billion at the end of september from eur703 billion at the end of september 2021 total gross fund exits in the year amounted to eur2 billion economic headwinds and tighter financing markets continue to dampen investment and exit activity and some portfolio companies are seeing the impact of the deteriorating macro environment eqt chief executive christian sinding said the investment pace has slowed down during the year there will need to be some time for buyer and seller expectations to meet and financing markets are restrictive he said the global fundraising environment remains competitive and at the same time some clients  particularly in north america  are experiencing the need to allocate less to private markets as public market valuations go down the company said eqt said it sees many attractive investment opportunities and with an expected dry powder of more than eur50 billion available it will be deploying capital at scale where it has conviction