Ardian: Raises Record $30 Billion for Largest Secondaries Platform
Funding | Jan 16, 2025 | Ardian
Ardian, a leader in private investment, has successfully raised $30 billion for its ninth-generation secondaries platform, marking it as the largest secondaries fund globally. This fundraising effort significantly exceeds the previous $19 billion garnered for Ardian's eighth-generation platform in 2020, boosting the firm's Secondaries & Primaries Assets Under Management to $97 billion. The overwhelming demand for this fund highlights the growing interest in liquidity solutions amidst market volatility, attracting 465 investors from 44 countries, including pension funds, insurance companies, and private wealth clients. The platform aligns with Ardian's established strategy of targeting high-quality private equity assets to provide liquidity for large institutional investors. With a comprehensive database and seasoned investment team, Ardian capitalizes on opportunities in the expanding secondary market as investors seek portfolio rebalancing amidst economic shifts. Ardian's new fund is already 50% deployed, signaling ongoing robust activity in 2025.
Sectors
- Private Equity
- Financial Services
- Investment Management
Geography
- North America – Ardian's fund focuses on investments predominantly in this region.
- Western Europe – This region is another primary focus for Ardian's investments.
- Middle East – Part of the diversified investor base comes from the Middle East.
- Asia – Asia is included in the fund's global investor reach.
Industry
- Private Equity – Ardian's initiative is focused on acquiring high-quality private equity assets.
- Financial Services – The article discusses liquidity solutions and investment strategies in the financial sector.
- Investment Management – Ardian manages a vast portfolio of funds and assets, indicating its role in investment management.
Financials
- $30 billion – The amount raised for Ardian's ninth-generation secondaries platform.
- $97 billion – Ardian's Secondaries & Primaries Assets Under Management after this fundraising.
- $2 billion – Average deal size for LP portfolios in Ardian's ninth fund.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ardian | PE Firm | Company | World-leading private investment house managing $176bn in assets. |
| Mark Benedetti | Executive President & Co-Head of Secondaries | Person | Part of the leadership team at Ardian overseeing the secondaries platform. |
| Vladimir Colas | Executive Vice-President & Co-Head of Secondaries | Person | Shares leadership of the secondaries team at Ardian. |