Ardian raises largest fund to take advantage of PE exit drought
10 Articles
10 Articles
The French luxury giant will collect 837 million euros. The properties merge into a newly established joint venture in which it will hold a 40% stake, while Ardian will have 60%
Investing Business Daily | Private equity ‘secondary’ sales hit record as Ardian closes $30 billion fund
By Mathieu Rosemain and Andres Gonzalez PARIS/LONDON – The secondary market for private equity funds saw record transaction volumes last year as buyout bosses and their investors looked for ways to generate cash amid a downturn in dealmaking. Paris-based Ardian said this week it had raised $30 billion in the biggest-ever secondary fund, a signal the industry is betting on an even busier time as exit paths for investments remain tricky and privat…
Ardian doubles private wealth backing in reaching $30bn for world's biggest PE secondaries fund
Ardian has raised $30bn for the world's largest private equity secondaries fund in the wake of record dealmaking volume in the sector last year. The post Ardian doubles private wealth backing in reaching $30bn for world’s biggest PE secondaries fund appeared first on AltAssets Private Equity News.
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