French private equity firm Ardian is to open a new office in Abu Dhabi – its 16th globally – as part of an initiative to expand partnerships in the region and support portfolio companies expanding into the region, according to a report by Reuters.
French private equity firm Ardian is to open a new office in Abu Dhabi – its 16th globally – as part of an initiative to expand partnerships in the region and support portfolio companies expanding into the region, according to a report by Reuters.
Last month, Ardian, which manages $140 billion in assets, announced a new $2.1 billion private equity partnership with Mubadala Capital, the Abu Dhabi sovereign wealth fund’s asset management arm.
Ardian has been active in the region for 20 years, where it reportedly has $25 billion in assets under management from more than 60 investors.
