Ardian continues to grow its infrastructure portfolio and recently closed its latest fund at $2.1 billion.
Ardian Americas Infrastructure Fund V was significantly oversubscribed and was larger than AAIF IV at $800 million in 2018. Investors included the Indiana Public Employees Retirement Fund and other pension funds, insurance companies, sovereign wealth funds, funds of funds, endowments and others.
Roughly 15% of the fund is already committed to investments and going forward the focus is on high-quality, mid-market U.S. and other OECD American essential infrastructure assets in the telecommunications, transportation and energy transition sectors.
“The market opportunity for high-quality, mid-market infrastructure assets is compelling, and even more so with the powerful tailwinds from the Inflation Reduction Act,” said Mark Voccola, co-head of Ardian Infrastructure Americas. The team now manages over $21 billion in infrastructure assets. “Our ability to leverage Ardian’s strong proprietary deal flow along with our industrial approach positions us exceptionally well in the current environment,” Voccola added.
Since Ardian launched its dedicated Americas infrastructure fund in 2018, the team has deployed more than $1 billion in six investments across the energy, renewables and transportation sectors. It also grew the headcount of Ardian Americas infrastructure investment team to 13 over the past four years. The global infrastructure team totals more than 60 investment professionals including financial experts, operational engineers and data scientists.
Ardian seeks to be a pioneer in decarbonizing infrastructure assets in line with global climate change agreements. As part of its commitment, Ardian is developing a major renewable energy portfolio and introducing energy efficiency policies across all of its portfolio companies.
