Ardian Raises More Than US$800 Million for Inaugural American Infrastructure Fund
Ardian InfrastructureÔÇÖs latest fund attracts investors seeking American
infrastructure investment exposure with high yield contribution and
moderate risk approach
NEW YORK–(BUSINESS WIRE)–#Americas—Ardian,
a world-leading private investment house, today announces that it raised
more than US$800 million for its first infrastructure fund dedicated to
the US and other OECD American countries. The fund marks ArdianÔÇÖs
continued expansion into the American market.
The fundraising, which was completed in less than six months, attracted
a substantial number of North American institutional investors within a
diversified global mix that also included commitments from European and
Asian pension funds, insurance companies and other institutions. This
successful fundraising confirms the continued regional appetite for
ArdianÔÇÖs infrastructure investment and asset management strategies.
The fund will provide investors with opportunities to invest in
high-quality US and other OECD American essential infrastructure assets
in the transport and energy sectors. The team will leverage on its
international network of industrial partners, construction companies and
infrastructure operators, while continuing its successful approach of
developing long-term constructive relationships with local stakeholders,
communities and regulators.
Ardian has made significant inroads into the North America market over
the past six months and has already completed its first two investments
with this fund. It has partnered with Transatlantic Power Holdings (TPH)
to create a renewables platform, Skyline
Renewables, and acquire Whirlwind, a
60MW windfarm in Texas. Ardian also previously announced its acquisition
of LBC
Tank Terminals, a global operator of bulk liquid storage facilities
with a significant US presence. It most recently announced the
appointment of US energy industry veteran, Mark
Voccola, beginning August 2018. Mark will co-lead the US
infrastructure activities alongside Stefano Mion, Managing Director, who
relocated from Milan to New York to spearhead the teamÔÇÖs US development.
Two other team members will join Ardian Infrastructure during the summer
in New York.
Mathias Burghardt, Member of the Executive Committee and Head of Ardian
Infrastructure said: ÔÇ£The successful fundraising of Ardian Americas
Infrastructure Fund IV confirms investor confidence in ArdianÔÇÖs deal
pipeline, global reach and focus on value creation, all factors which
particularly resonate in the American market. We see an opportunity in
the US infrastructure middle market, which remains insufficiently served
and offers a higher risk return proposition. We will also be leveraging
proprietary deal flow stemming from our global industrial partners doing
business in the Americas.ÔÇØ
Ardian is already a leading European infrastructure manager with $9
billion of assets managed or advised, targeting essential infrastructure
assets across Europe working alongside ArdianÔÇÖs major industrial
partners. The portfolio includes a number of high profile investments
among others: 2i Aeroporti, the largest airport platform in Italy;
Ascendi, the second largest Portuguese motorway network; and SPMR &
G├®osel, the French strategic oil transportation and storage companies.
ABOUT ARDIAN
Ardian
is a world-leading private investment house with assets of US$67bn
managed or advised in Europe, North America and Asia. The company is
majority-owned by its employees. It keeps entrepreneurship at its heart
and focuses on delivering excellent investment performance to its global
investor base.
Through its commitment to shared outcomes for all stakeholders, ArdianÔÇÖs
activities fuel individual, corporate and economic growth around the
world.
Holding close its core values of excellence, loyalty and
entrepreneurship, Ardian maintains a truly global network, with more
than 500 employees working from thirteen offices across Europe
(Frankfurt, Jersey, London, Luxembourg, Madrid, Milan, Paris and
Zurich), North America (New York, San Francisco) and Asia (Beijing,
Singapore, Tokyo). It manages funds on behalf of around 700 clients
through five pillars of investment expertise: Funds of Funds, Direct
Funds, Infrastructure, Real Estate and Private Debt.
Contacts
ARDIAN US PRESS
The Neibart Group
Emma
Murphy, +1 718-875-4545
Cell + 1 347-968-6800
[email protected]
