The programme, which includes US$5 billion of co-investment interests, exceeds the US$14 billion raised for Ardian’s seventh-generation platform in 2016.
SINGAPORE (June 2): Private investment house Ardian announced that it has raised US$19 billion (S$26.75 billion) from global investors for greater liquidity for its eighth-generation secondaries platform on Tuesday.
The sum signals the continuing maturity of the market, that has become an important source of liquidity for investors, as they look to rebalance their private equity portfolios and seek yield opportunities for savers amid the Covid-19 pandemic.
