Wafra, a global alternative investment manager with approximately $28 billion of assets under management, has joined the shareholding of Ardian through the acquisition of a minority stake. Financial terms were not disclosed.
Ardian is a private investment firm with $192 billion assets under management. It provides tailored investment solutions and offers its 1,860 clients investment opportunities in private equity, real assets and private credit. During the past year, the firm raised the largest-ever secondaries fund, as well as a record $20 billion for its infrastructure platform and €3.2 billion ($3.7 billion) for its mid-cap private equity strategy.
Wafra has been actively exploring avenues to expand its private markets exposure in secondaries and real assets and identified Ardian as an ideal strategic partner. Wafra is making its minority investment in Ardian via its Strat
