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Fund of Funds professionnals
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The world leader in secondary markets
Ardian pioneered the secondary market for fund investments. We use our unrivalled proprietary database to execute the largest and most complex transactions, buying portfolios of interests in private equity and infrastructure funds typically valued at $1bn-plus. We buy from institutional investors that are seeking to crystallize returns through early access to their capital or to manage their private equity exposure dynamically. Our ability to provide an exit for these investors has brought much-needed liquidity to private asset classes that have historically been considered illiquid.
Primary access to the most sought-after funds worldwide
We source and select primary commitments for our investors to the most attractive funds across regions and strategies. The best managers often have limited capacity in their funds. Gaining access requires established relationships and preferential positioning, both of which Ardian has built throughout its two decades of Fund of Funds activities. Disciplined manager selection is also key: Ardian’s leading investment database allows the Fund of Funds team to perform uniquely in-depth due diligence. Primary commitments are offered mainly through our Customized Solutions. Thanks to Ardian’s global reach, we are able to build both diversified and focused portfolios precisely matching the client’s needs.
Unique opportunities through early secondary deals
Ardian also has a dedicated strategy offering Early Secondary investments into less mature portfolios. This strategy purchases stakes in Private Equity portfolios that are between 15%-50% funded, offering a unique risk-return profile.
Reshaping the market in private assets
Ardian’s activity in the secondary market accounts for a significant proportion of the total transaction volume. We have invested in more than 1,600 underlying funds. Our presence allows large institutions to actively manage their exposure to private market assets – releasing money early for reinvestment, shifting their exposure between assets or regions, and rationalizing their portfolios to create fewer core relationships with third-party Private Equity managers.
Ardian Fund of Funds has a team of professionals across Ardian’s offices, with major hubs in London and New York and a local presence throughout Europe, North America and Asia.
"Private Equity is no longer an illiquid asset class. Our leadership in the secondary market has helped change the way big institutional investors manage their entire private portfolios."
Member of the Executive Committee, Head of Ardian Customized Solutions, Head of Ardian Germany & Asia
Portfolio Rationalisation – Project Ship II
Seller typeSeller typeUK Pension Fund
PortfolioPortfolio8 Buyout LP Interests
Direct Portfolio – Project Walter
Seller typeSeller typeU.S. Financial Institution
PortfolioPortfolio30 Direct Assets + 2 Buyout LP Interests
Complex Corporate Restructuring – Project Cruise
Seller typeSeller typeSovereign Wealth Fund
PortfolioPortfolio14 Buyout & Growth LP Interests and 14 Co-Investments
Private Equity International Awards 2019
Ardian received the LP sale of the year award in Europe for the sale of secondary vehicles to Strategic Partners at the 2019 Private Equity International Awards.
Private Equity International Awards 2018
Ardian received the North American Secondary Deal of the Year award (for Manulife) at the Private Equity International Awards 2018.
Private Equity International Awards 2017
Ardian was named European Secondary Company of the Year at the 2017 Private Equity International Awards.