Ardian Raises Record $18 Billion to Acquire Buyout Stakes

Ardian Raises Record $18 Billion to Acquire Buyout Stakes

Ardian has collected around $18 billion for a new fund to acquire private equity stakes and will shortly close it to new money, in one of the largest capital raisings since the coronavirus outbreak, people with knowledge of the matter said. The European asset manager...
Private Fund Managers Do Deal Triage

Private Fund Managers Do Deal Triage

Amid market shocks, alternative investment firms are moving some deals through the pipeline and tiptoeing into distressed opportunities. When Bain Capital told the 700 people in its Boston headquarters to work from home on March 11th it was big news. Now, anybody who...