Ardian racks up $2.1bn for latest Americas infrastructure fund

• AAIF V exceeded its hard cap of $2 billion and was significantly larger than the inaugural AAIF IV, which raised $800 million in 2018
• The fund’s LPs include major pension funds, insurance companies, sovereign wealth funds, Fund of Funds, endowments and high-net-worth investors
• Ardian is managing or advising $141 billion of assets on behalf of more than 1,300 clients globally

Ardian has closed its latest Americas infrastructure fund at $2.1 billion.

Ardian Americas Infrastructure Fund V will invest in mid-market US and other OECD American essential infrastructure assets in the telecommunications, transportation, and energy transition sectors.

AAIF V was significantly oversubscribed, exceeding its hard cap of $2 billion, and significantly larger than the inaugural AAIF IV which raised $800 million in 2018.

The fund’s LPs include major pension funds, insurance companies, sovereign wealth funds, Fund of Funds, endowments and high-net-worth investors.

“Closing a fund that is more than 2.5 times larger than its predecessor is an important achievement for the team and validation of our investment strategy in the Americas. The amount recommitted by our existing investors is further testament to the strong performance of the previous generation,” said Stefano Mion, co-head of Ardian Infrastructure Americas, in a statement.

The fund is already over 15 percent committed via an infrastructure transaction acquiring Unison, a buyer and manager of telecom site properties in the U.S., to build a global platform of wireless infrastructure assets.

Ardian is managing or advising $141 billion of assets on behalf of more than 1,300 clients globally.