The $96 billion global private equity firm Ardian announced that it has closed a record $19 billion in secondary private equity investments.
The secondaries pool includes $5 billion for co-investments, and significantly exceeds Ardian’s preceding secondaries fund, ASF VII which came in at $14 billion in 2016.
“In the current environment, the secondaries market has a crucial role to play in providing institutional investors with liquidity,” said Vincent Gombault, member of the executive committee and head of Ardian Fund of Funds. “It is a vital tool for pension funds and investors in how . . .
Unlock this article instantly, along with the rest of our premium content and daily, weekly and monthly newsletters. We offer pay-as-you-go monthly subscriptions and discounted annual subscriptions with additional benefits: access to Alternatives Watch Research articles and our Annual Investor Compendium.