Launch of Evergreen Fund: Aim to Widen Access to Exclusive Investment Opportunities in Private Markets for a Broader Audience, Led by Ardian
Ardian Launches Ardian Access SICAV-RAIF, Opening Private Capital to More Investors
Ardian, a global private investment firm managing $180 billion in assets, has launched Ardian Access SICAV-RAIF, an evergreen investment vehicle based in Luxembourg. This fund is exclusively targeted at professional investors worldwide[1][2].
A Broad Mix of Private Assets
Ardian Access SICAV-RAIF offers private investors access to a highly diversified global portfolio of private assets managed by various general partners (GPs) across multiple sectors, geographies, and company sizes. The fund aims to generate long-term value while mitigating risks such as the J-curve effect, which often affects private equity investments early in their lifecycle[1][2].
Flexible Access to Ardian's Investment Platforms
Through Ardian Access SICAV-RAIF, investors gain flexible access to Ardian’s secondary markets, primary fund investments, and direct co-investment opportunities. These platforms collectively manage close to $110 billion in assets under management. Notably:
- Ardian’s secondaries team has executed over $40 billion in secondary transactions in four years.
- The co-investment team has participated alongside sponsors in more than 140 portfolio companies.
- Both teams have managed multiple generations of diversified private asset portfolios[1][2].
Partnership with iCapital
Ardian has partnered with iCapital, a fintech platform, to leverage its servicing and technology solutions. This partnership enables wealth managers and private investors easier and more efficient access to these alternative private market investments[2].
High-Quality General Partners
The Ardian Access platform is designed to provide private investors with access to the same high-quality General Partners (GPs) and underlying investments as Ardian's institutional investors[1][2]. Marie-Victoire Rozé, Deputy Co-Head of Secondaries & Primaries and Senior Managing Director at Ardian, notes that we are at an inflection point for private capital, with more private investors now able to access private capital[1][2].
Long-Term Value and Risk Mitigation
Ardian Access aims to generate long-term value and mitigate risk by investing globally across various sectors and company sizes. Over 20% of Ardian's latest Secondaries fundraise came through private wealth channels, demonstrating the growing trend of private investors accessing private capital[1][2].
Jan Philipp Schmitz, Executive Vice-President of Ardian, states that secondary investments are well-suited for private wealth due to their ability to provide wide diversification and quick returns[1][2]. Erwan Paugam, Head of Private Wealth Solutions and Managing Director at Ardian, highlights that the Ardian Access platform is a significant step towards opening Ardian's deal flow to more investors[1][2].
A Differentiated Private Market Fund
In summary, Ardian Access SICAV-RAIF is designed as a differentiated and regulated private market fund that allows professionals to invest in a broad mix of private equity secondaries, primaries, and co-investments on a global scale, providing diversified exposure and professional management within one vehicle[1][2][3].
Minimum Investment and Cash Deployment
Ardian Access requires a minimum investment of €100,000 and allows for immediate capital deployment while minimizing cash drag[1][2]. The fund continues to expand its reach to private investors, tapping into the growing trend of private investors accessing private capital[1][2].
[1] Ardian Press Release: Ardian Access SICAV-RAIF: Investing in Private Capital for Professional Investors (https://www.ardian.com/en/press-room/press-releases/ardian-access-sicav-raif-investing-in-private-capital-for-professional-investors)
[2] Preqin: Ardian Launches Evergreen Fund for Private Wealth Investors (https://www.preqin.com/news/private-equity/ardian-launches-evergreen-fund-for-private-wealth-investors/)
[3] Private Equity International: Ardian launches evergreen fund for private wealth investors (https://www.peimedia.com/private-equity/ardian-launches-evergreen-fund-for-private-wealth-investors/)
Investing in Ardian Access SICAV-RAIF offers private investors access to a diversified global portfolio of private assets, participating in finance of various general partners across multiple sectors, geographies, and company sizes. The aim is to generate long-term value while mitigating risks such as the J-curve effect. This fund provides flexible access to Ardian’s secondary markets, primary fund investments, and direct co-investment opportunities, collectively managing close to $110 billion in assets under management.
