The global leader in Fund of Funds investments

Ardian has the world’s largest Fund of Funds platform, with more than $56bn under management or advisement. Since 1999, we have built the world’s leading Secondary Fund of Funds platform: we acquire stakes in high-quality private equity and infrastructure funds from institutional investors, providing a liquidity solution for them before the underlying funds reach maturity. On the primary side, we use our unrivalled network to give our investors access to top-tier fundraisings worldwide. Our integrated primary and secondary set-up ensures that Ardian has a common relationship network of managers and a world-leading proprietary database.

THE TEAM
FUND OF FUNDS INVESTMENTS
 

  • 1,600+

    Funds in the portfolio

  • 10,000

    underlying companies

  • +80

    employees

Our locations

  • London
  • Luxembourg
  • New York
  • Frankfurt
  • Zurich
  • San Francisco
  • Singapore
  • Beijing
  • Seoul
  • Paris
  • 80+

    Fund of Funds professionnals

  • 10

    Offices around the world

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 tailored Mandate 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.

The Team

Ardian Fund of Funds has a team of professionals led by Vincent Gombault 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."

Vincent Gombault Global Head of Fund of Funds and Member of the Executive Committee
Vincent Gombault

Vincent Gombault

Member of the Executive Committe and Head of Ardian Fund of Funds & Private Debt

Benoît Verbrugghe

Benoît Verbrugghe

Member of the Executive Committee

Olivier Decannière

Olivier Decannière

Member of the Executive Committee and Head of Ardian UK

Mark Benedetti

Mark Benedetti

Member of the Executive Committee and Co-Head of Ardian US

Vladimir Colas

Vladimir Colas

Member of the Executive Committee and Co-Head of Ardian US

Jan Philipp Schmitz

Jan Philipp Schmitz

Member of the Executive Committee, Head of Ardian Mandates, Head of Ardian Germany & Asia

Martin Kessi

Martin Kessi

Head of Ardian Switzerland & Managing Director

Ingmar Vallano

Ingmar Vallano

Senior Managing Director

Bertrand Chevalier

Bertrand Chevalier

Managing Director

Won Ha

Won Ha

Managing Director

Manuel Haeusler

Manuel Häusler

Managing Director

Daryl Li

Daryl Li

Managing Director

Marie-Victoire Rozé

Marie-Victoire Rozé

Managing Director

Felix Signorell

Felix Signorell

Managing Director

Wilfred Small

Wilfred Small

Managing Director

Jason Yao

Jason Yao

Managing Director

Grégoire Guinot

Grégoire Guinot

Managing Director Mandates

Franck Nguyen

Franck Nguyen

Senior Advisor

Alexis Bébéar

Alexis Bébéar

Director

Lucas Coleon

Lucas Coleon

Director

Michel Fellmann

Michel Fellmann

Director

Michael Hu

Michael Hu

Director

Sara Huang

Sara Huang

Director

Arnaud Mercier

Arnaud Mercier

Director

Glenn Richard

Glenn Richard

Director

Georges Wazen

Georges Wazen

Director

Inigo Weston

Inigo Weston

Director

Colin Wang

Colin Wang

Director | China

Guillaume Amphoux

Guillaume Amphoux

Senior Investment Manager

Quentin Hugot

Quentin Hugot

Senior Investment Manager

Artjom Jalosa

Artjom Jalosa

Senior Investment Manager

Kévin le Toux

Kévin le Toux

Senior Investment Manager

Yoochan Lee

Yoochan Lee

Senior Investment Manager

Zachary Levine

Zachary Levine

Senior Investment Manager

Martin Locher

Martin Locher

Senior Investment Manager

Yan Tiegen

Yan Tiegen

Senior Investment Manager

Ada Wen

Ada Wen

Senior Investment Manager

Jonathan Williams

Jonathan Williams

Senior Investment Manager

Robert Capron

Robert Capron

Investment Manager

Aaron Deutsch

Aaron Deutsch

Investment Manager

Perrin Duke

Perrin Duke

Investment Manager

Lujun He

Lujun He

Investment Manager

Stephan Hess

Stephan Hess

Investment Manager

Apoorva Joshi

Apoorva Joshi

Investment Manager

Jonathan Lightman

Jonathan Lightman

Investment Manager

Sven Lumsden

Sven Lumsden

Investment Manager

Joshua Manasseh

Joshua Manasseh

Investment Manager

Iaro Martinez

Iaro Martinez

Investment Manager

Madelyn Nolan

Madelyn Nolan

Investment Manager

Mario-Felix Pasku

Mario-Felix Pasku

Investment Manager

Rémy Pomathios

Rémy Pomathios

Investment Manager

Lucas Radal

Lucas Radal

Investment Manager

Florian Reeh

Florian Reeh

Investment Manager

Jean-Christophe Richard

Jean-Christophe Richard

Investment Manager

Lisi She

Lisi She

Investment Manager

Mackenzie Speak

Mackenzie Speak

Investment Manager

Thomas Sweeney

Thomas Sweeney

Investment Manager

Adrien Zervos

Adrien Zervos

Investment Manager

Sam Chan

Sam Chan

Analyst

Ross Dexter

Ross Dexter

Analyst

Charles Evans

Charles Evans

Analyst

Gregory Garvey

Gregory Garvey

Analyst

Marcel Grangien

Marcel Grangien

Analyst

Anna Komarova

Anna Komarova

Analyst

Jozef Lampa

Jozef Lampa

Analyst

Regan Lim

Regan Lim

Analyst

Christina Lin

Christina Lin

Analyst

Grace Lloyd

Grace Lloyd

Analyst

Jeremy Picard

Jeremy Picard

Analyst

Stephen Sellman

Stephen Sellman

Analyst

Benedikt Wagner

Benedikt Wagner

Analyst

Eric Wong

Eric Wong

Analyst

Weiting Yuan

Weiting Yuan

Analyst

Case studies

View all
  • Portfolio Rationalisation – Project Ship II

    • Seller type

      Seller type
      UK Pension Fund
    • Portfolio

      Portfolio
      8 Buyout LP Interests
    See more
  • Direct Portfolio – Project Walter

    • Seller type

      Seller type
      U.S. Financial Institution
    • Portfolio

      Portfolio
      30 Direct Assets + 2 Buyout LP Interests
    See more
  • Complex Corporate Restructuring – Project Cruise

    • Seller type

      Seller type
      Sovereign Wealth Fund
    • Portfolio

      Portfolio
      14 Buyout & Growth LP Interests and 14 Co-Investments
    See more
Private Equity International Awards 2019

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

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

Private Equity International Awards 2017

Ardian was named European Secondary Company of the Year at the 2017 Private Equity International Awards.

Publications

Funds of Funds Sustainability Brochure

Sustainability in the private Fund of Funds market. Discover key insights from Ardian's GP engagement program

Ardian Mandates

A trusted partner for tailored solutions

Mandates are tailor-made investment solutions that precisely reflect the client’s goals. As a trusted partner, Ardian builds bespoke portfolios and provides access to top-quality private market investments worldwide. Moreover, Mandate investors benefit from a premium service offering.

We have built a unique platform in Fund of Funds, with outstanding access to primary fundraising and an unrivalled ability to execute the largest and most complex secondary transactions.

Vincent Gombault Member of the Executive Committe and Head of Ardian Fund of Funds & Private Debt