Paris-based private investment house Ardian announced the latest fundraise for its Expansion fund, as investor interest in European high-growth mid-sized companies continues.
The firm raised €2 billion ($2.4 billion) for Ardian Expansion Fund V. The firm said it has doubled the size of its previous fund in only six months. And despite the challenging backdrop of COVID-19 there seems to be a continued interest in backing what Ardian said are ‘ambitious management teams of high-growth, mid-sized businesses.
The new fund’s investor base is diverse and globe. Roughly . . .
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