Andera Partners Expands Globally with New Strategic Partnerships
Deal News | Feb 11, 2025 | Andera Partners
In 2024, Andera Partners, a prominent player in private equity, showcased notable international expansion and significant financial milestones. The firm announced a strategic partnership allowing New York Life Investments to acquire a 40% stake, enhancing its distribution capabilities. Andera Partners opened an office in Madrid, confirming its commitment to international growth. The year saw 24 new investments, 55 external growth operations, and €650 million in funds raised. The firm also made substantial advances in sustainable investment, with new funds such as Acto V incorporating climate covenants and ongoing efforts in renewable energy infrastructure investments. Andera continues its strategy of fostering high-impact sectors and established a new structure, Andera Dette Prive, to encourage SMEs involved in decarbonization. Demonstrating a consistent approach to generating liquidity, Andera achieved €436 million in disposal proceeds. Looking forward, the firm aims to achieve assets under management of €7-8 billion by 2028, reinforcing its international strategy and sustainable investment focus.
Sectors
- Private Equity
- Asset Management
- Sustainable Investment
Geography
- France – Andera Partners is based in France and is expanding its operations.
- Spain – The new office in Madrid marks Andera Partners' international expansion into Spain.
- United States – The involvement of New York Life Investments, based in the United States, in acquiring a stake in Andera Partners.
Industry
- Private Equity – The article discusses Andera Partners, a private equity firm, its investments and strategic partnerships.
- Asset Management – Involves the strategic partnership of Andera Partners with Candriam and New York Life Investments, which are involved in asset management.
- Sustainable Investment – The article highlights Andera Partners' integration of sustainability into its investment strategy and its emphasis on environmental, social, and governance (ESG) criteria.
Financials
- 683 million – The amount of capital Andera Partners deployed in 2024.
- 436 million – Proceeds from disposals by Andera Partners in 2024.
- 650 million – Capital raised by Andera Partners in 2024.
- 4.5 billion – Current assets under management (AUM) of Andera Partners.
- 7-8 billion – Target AUM by Andera Partners for 2028.
- 160 million – Amount subscribed towards Andera Dette Prive's mezzanine private debt initiative.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Andera Partners | Target Company | Company | A leading private equity firm focusing on multi-specialist management. |
| New York Life Investments | Bidding Company | Company | An asset manager that acquired a 40% minority stake in Andera Partners. |
| Candriam | Partner Company | Company | A European multi-specialist asset manager involved in the strategic partnership. |
| HR Path | Target Company in Disposition | Company | Acquired by Ardian in April 2024. |
| Amolyt | Target Company in Disposition | Company | Specializes in therapeutic peptides, acquired by AstraZeneca in July 2024. |
| Octime | Target Company in Disposition | Company | HR management solutions provider, acquired by IK Partners in July 2024. |
| Redslim | Target Company in Disposition | Company | Swiss group in data management, acquired by Astorg in November 2024. |