Ardian, formerly AXA Private Equity, has launched a new infrastructure fund, ARDIAN Americas Infrastructure Fund IV, according to a filing with the SEC. The firm did not comment on its fundraising efforts.
According to the firm’s website, Ardian’s infrastructure investments are focused on the European market, diversified between 80 percent in brownfield investments and 20 percent in greenfield investments.
The new fund has raised $65 million so far, according to the filing.
In recent transaction for Ardian, the firm sold its stake in London Luton Airport (LLA) to AMP Capital, the specialist global investment manager that focuses on real assets. Ardian Infrastructure acquired 49 percent of LLA in 2013.