Ardian Quadruples APAC LPs in Record $30bn Secondaries Raise

Ardian, a prominent international private equity firm, has announced a significant milestone in the form of a $30 billion secondaries fund, known as ASF IX. This latest fundraise marks a fourfold increase in contributions from limited partners (LPs) across the Asia-Pacific (APAC) region, rising to 40 from fewer than 10 in the previous fund cycle. Jason Yao, Ardian's head for Greater China, shared these highlights with Secondaries Investor. This achievement not only underscores Ardian's growing influence in the secondaries market but also reflects their strategic emphasis on expanding its investor base within the APAC geographical segment. The success of ASF IX is noteworthy within the broader context of the private equity industry, showcasing Ardian's capacity to attract significant capital inflows despite a competitive market environment.