Ardian raises $19b for global secondaries fund
Ardian has closed its eighth global secondaries fund with $19 billion in commitments, representing the largest-ever vehicle raised for the strategy. The total includes $5 billion for co-investment.
It continues a steady increase in Ardian’s fund sizes through the vintages. The firm crossed the $10 billion threshold with Fund VI in 2014 then closed Fund VII at $14 billion two years later. Total...
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