Private investment house Ardian has raised $3.2bn for the sixth generation of its global co-investment platform, Ardian Co-Investment Fund VI, including fund commitments and mandates from Ardian Customized Solutions.
This represents a 23% increase on funds raised by Ardian’s fifth generation co-investment fund, Ardian Co-Investment Fund V, in 2019.
The new fund attracted 188 investors globally, including from Europe, the Americas, the Middle East and Asia. Investors in the fund comprise pensions funds, HNWIs, insurance companies and sovereign wealth funds.
Fund VI offers investors with access to minority investments in companies alongside private equity sponsors. The fund’s investments are diversified across strategies, industries, company size, GPs, and geographies – including North America, Europe and Asia.
The Fund is already around 40% invested through 18 transactions, including investments in Potter Global Technologies, a manufacturer of fire and life safety equipment in the US, alongside KKR, as well as Schwind, a provider of eye laser systems, alongside Adagia Partners.
