Ardian, one of Europe’s biggest private-equity firms, has wrapped up fundraising for its largest-ever buyout vehicle and plans to invest the roughly €7.5bn (about $8.9bn) with a trans-Atlantic flair.
The Paris firm raised €6.5bn for its Ardian Buyout Fund VII and an additional €1bn for co-investment alongside deals made from the vehicle through side agreements with some of the largest investors in the fund, according to Thibault Basquin, head of Americas investments for Ardian’s buyout strategy.