Managing growth the right way
Ardian’s growth and progress are accelerating. We are becoming simultaneously bigger, more global and yet we are maintaining our agility.
In just 22 years, we have grown into Europe’s leading private investment manager, with $90bn under management or advised.
Appetite to invest in our funds has never been stronger. Our expanded global network is allowing us to attract more LPs and form deeper relationships with them: the fast-growing commitments we are receiving from institutions in Asia and Latin America demonstrate the success of our most recent office openings. The strength of the Ardian brand and the trust we have built up with LPs around the world are enabling us to raise much larger generations of our flagship funds including Secondary Fund of Funds, Buyout, Infrastructure and Co-Investment, and quicker than ever. Our Mandates offering is going from strength to strength, doubling the amount raised last year. More than 80% of the investors in our new Growth fund are entrepreneurs, underlining our outstanding reputation among the business leaders of tomorrow.
At the same time, Ardian’s sourcing and execution capabilities are enabling us to deploy our LPs’ and Co-Investors’ money rapidly into excellent opportunities. Ardian’s global leadership in Secondary Fund of Funds is undisputed, with multiple deals of $1bn-plus completed in 2018, and we are the leading private investment company in the major eurozone economies. Our growing range of direct investment activities in North America are gaining momentum, signaling the next chapter in Ardian’s growth story. Late 2018, we extended our Buyout activity to the US.
Digitalization is a major focus across all our portfolio companies and forms a key element of the investment case for all our direct teams. Like the companies we support, Ardian is itself directly affected by the process of digital transformation. We are therefore re-engineering our organization to harness the potential of digital technologies in areas including investor relations, LP reporting, deal origination and due diligence, to support our rapid pace of growth.
Ardian now numbers more than 590 people, many of whom are shareholders in our company. If we are to achieve our ambition of creating a world-leading private investment manager with its roots in Europe, we must continue to be a first-choice employer for the brightest talents in our industry. Recent innovations such as the Millennial Executive Committee and the Ardian Startup Studio show our strong commitment to put talented young people at the heart of our organization and nurture their spirit of innovation and entrepreneurialism. Ardian’s growing global success is a tribute to the energy and dynamism all our people contribute to this company.