Ardian has announced that it has raised US$5.25 billion for its Ardian Secondary Fund VIII Infrastructure (ASF VIII Infrastructure). The fund represents a more than 3x increase from the previous generation raised in 2017. The ASF VIII Infrastructure platform attracted over 145 investors from 28 countries across the Americas, Europe, Asia, and the Middle East, comprising major pension funds, insurance companies, HNWIs and financial institutions.
ASF VIII Infrastructure will focus on high quality infrastructure funds and assets, managed by blue chip general partners in North America and Europe. The fund is targeting a diverse range of underlying assets, from renewable energy and telecoms to transport and utilities.
The fund is already 30% committed in two infrastructure secondary transactions, including one of the largest secondary infrastructure transactions ever completed, a diversified portfolio of over 30 infrastructure funds and co-investments purchased from a financial institution.