Ardian Raises Record $30 Billion for World’s Largest-Ever Secondaries Platform

Ardian Raises Record $30 Billion for World’s Largest-Ever Secondaries Platform

– Ardian raised $30 billion for its ninth-generation secondaries platform, making it the largest secondaries fundraise globally.

– The fundraise represents a significant increase from the $19 billion raised in 2020 for Ardian’s eighth-generation platform.

– This achievement solidifies Ardian’s position as a leader in the secondaries market, with $97 billion in Secondaries & Primaries Assets Under Management.

– The oversubscribed fundraise, closed at its hard cap, reflects growing LP interest in secondaries due to market volatility and liquidity needs, with record deal volumes in 2024.

– The fundraise attracted 465 investors from 44 countries, including pension funds, insurance companies, sovereign wealth funds, financial institutions, and high-net-worth individuals.

– Private wealth clients accounted for 22 percent of equity raised, up from 11 percent in the previous platform.

Mark Benedetti, Executive President & Co-Head of Secondaries: “We are actively capitalizing on a generational buying opportunity for secondaries. With the continued exponential growth in private markets, investors increasingly look to secondary buyers to help them actively manage their private equity portfolios.”

Vladimir Colas, Executive Vice-President & Co-Head of Secondaries: “We expect 2025 to be an even stronger year of activity, and we are deeply thankful to our investors, who have ensured that we are well capitalized for this market opportunity.”

– The platform follows Ardian’s strategy of acquiring stakes in top-tier private equity assets and providing liquidity solutions to leading institutional investors and general partners.

– Ardian has over 25 years of market expertise, with a team of 100 investment professionals across 14 offices and a leadership team that has worked together for nearly two decades.

– The firm’s database covers 1,600 funds from over 650 general partners, with 5.4 million real-time data points on 10,000 companies, enabling AI-driven, evidence-based investment decisions.

– Ardian recently completed two secondary deals exceeding $3 billion each.

– The firm is capitalizing on the exponential growth of private markets and the increasing need for secondary market solutions due to overallocation and market volatility.

– The ninth fund is already 50 percent deployed with an average deal size of $2 billion for LP portfolios.

– Ardian expects continued growth and increased secondaries activity in 2025.