private equity predecessor axa private equity founded paris france 1996 1996 founder dominique senequier headquarters paris france number of locations paris london frankfurt milan madrid zurich new york san francisco beijing singapore jersey luxembourg area served europe north america asia key people dominique senequier vincent gombault dominique gaillard beno t verbrugghe mathias burghardt olivier decanni re j r mie delecourt philippe poletti products funds of funds direct funds private debt and infrastructure real estate mandates total assets us 55bn number of employees 410 website www.ardian.com ardian formerly axa private equity is a france based independent private equity investment company founded and managed by dominique senequier . 1 ardian manages assets worth us 55 billion in europe north america and asia . 2 the company offers a range of funds including funds of funds direct funds infrastructure and private debt and real estate . ardian s 433 investors include institutional investors funds of funds government agencies sovereign funds family offices pension funds and insurance companies . 3 ardian manages a direct portfolio of more than 130 companies including vinci park london luton airport and spie . ardian has been ranked one of the largest companies by amount raised in equity by private equity international . 4 ardian was named company of the year 2013 by the readers of private equity international . 5 contents 1 history 2 activities 2.1 funds of funds 2.2 direct funds 2.3 infrastructure 2.4 private debt 2.5 real estate 3 governance and management 4 key figures 5 significant transactions completed by ardian 5.1 direct funds infrastructure and private debt 5.2 funds of funds 6 references 7 see also 7.1 articles connexes 7.2 external links history edit originally a subsidiary of axa the company operated under the name axa private equity until 2013 when the firm achieved independent status and was renamed to ardian . in 1996 claude b b ar founder and former axa ceo tasked dominique senequier with the creation of a private equity entity at axa . based in paris axa private equity started off with 10 clients and 100 million euros worth of assets . 6 the first investment took place in 1998 in the gsi banque company linedata . 7 in 1999 the opened offices in london and new york . that same year it launched its funds of funds investment strategy . 8 in 2001 the company entered the german market by opening an office in frankfurt . 9 in 2005 ardian opened an office in singapore and entered the asian market . 10 the same year the company launched its infrastructure investment strategy . as a result of the 2007 financial crisis the company postponed all new operations and instead focused on the management of its portfolio in an effort to shield its companies from the effects of the crisis . in 2008 dominique senequier insisted on distributing a higher percentage of the company s capital gains to the employees of the companies in ardian s portfolio . 11 12 in 2009 ardian acquired 100 % of kallista a french company specialized in the production of renewable energies . ardian then invested heavily in transports energy water supply and waste management . 2.5 billion were invested in infrastructure systems between 2005 and 2014 . 13 14 the same year ardian adopted the principles for responsible investment pri implemented by the unpri and published its csr charter . 15 in 2010 during the increased activity in the private equity secondary market ardian acquired a us 1.9 billion private equity portfolio from bank of america 16 and a us 900 million portfolio from natixis . 17 in 2012 the company opened an office in beijing in order to invest on the chinese market . 18 on 30 september 2013 axa private equity announced that it had completed its spin off from the axa group and renamed the firm ardian . per the terms of the deal axa group retained ownership of 23 % of the firm management and employees owned 46 % and the remaining 31 % was held by french family offices and institutions . currently 85 % of employees are shareholders . 19 in 2013 private equity international ranked ardian in the largest private equity firms by pe capital raised 20 and named it company of the year 2013 in france . 21 on 2 september 2015 ardian opened an office in madrid spain . 22 on 7 september 2015 ardian announced the launch of ardian real estate dedicated to investment in non residential properties in europe . 23 on 7 october 2015 ardian opened an office in san francisco usa . 24 activities edit the company operates on five business segments 25 funds of funds which manages approximately 36 billion of assets 26 focusing on primary early secondary and secondary funds of funds . direct funds which manages approximately 9 billion . infrastructure which manages approximately 7 billion . private debt which manages approximately 3 billion . real estate launched september 2015 . funds of funds edit the fund of funds business segment at ardian was launched in 1998 and now manages 36 billion of assets . 26 funds of funds include primaries early secondaries and secondaries . ardian has completed an important range of transactions in these fields including the purchase of fund portfolios from bank of america 27 and ge capital . 28 between 2012 and 2014 ardian deployed 7 billion into fund of funds transactions . 29 in 2014 ardian has deployed more than us 10 billion in secondary transactions . 30 direct funds edit the direct funds segment at ardian manages approximately 9 billion of assets . 31 it is organized into four activities mid cap buyout which invests in companies with values ranging from 150 million to 1.5 billion . expansion which invests in companies valued at less than 150 million . co investment an activity that began in 2005 when large buyout transactions require a strategic partnership . ardian growth which focuses on small and medium businesses from 2 million to 10 million that can achieve organic growth and have the potential to expand internationally . infrastructure edit the infrastructure segment at ardian manages approximately 7 billion of assets . it includes investments in water gas and electricity grids toll roads and renewable energies . 31 ardian s third infrastructure fund closed at 1.75 billion including co investments of which 45 % is already invested 32 notably through the acquisition of the london luton airport 33 the fourth largest airport serving the london area and of vinci park specialized in construction financing and operation of car parks in 14 countries around the world . ardian s fourth generation of infrastructure fund was closed in january 2016 at 2.65 billion . 34 d1 ajouter la phrase suivante lien article https www.altassets.net private equity news by news type fund news ardian closes fourth infrastructure fund on e2 65bn.html private debt edit the private debt segment at ardian was launched in 2005 and manages approximately 3 billion worth of assets . 31 ardian has completed 8 unitranche lending deals that range from 40 million to 275 million . since 2010 ardian has provided on average 500 million financing per year . 35 in 2014 the private debt team provided 255 million subordinated financing for ceva sant animale 36 as well as a 40 million unitranche financing facility to eat . in september 2015 ardian closed its third generation of private debt fund of 2 billion . 35 real estate edit ardian real estate was launched in september 2015 under the management of bertrand julien laferri re . 37 its goal is to invest in commercial and non residential real estate assets in continental europe starting with france italy and germany . 38 governance and management edit ardian was founded and is managed by dominique senequier who was one of the first seven women admitted to the french ecole polytechnique in france in 1972 . 39 the management team also includes vincent gombault head of ardian s funds of funds and private debt 40 dominique gaillard head of ardian s direct funds 41 beno t verbrugghe head of ardian usa 42 mathias burghardt head of ardian infrastructure 43 olivier decanni re head of ardian uk 44 j r mie delecourt corporate and international development 45 philippe poletti head of ardian mid cap buyout 46 key figures edit 55 billion of assets managed or advised 47 130 companies in the direct funds portfolio 410 employees 2015 12 offices northern america europe and asia 11 billion raised in 2014 85 % of the employees are shareholders and hold together 52 % of the company s capital . significant transactions completed by ardian edit direct funds infrastructure and private debt edit in 2015 ardian has more than 130 companies in its current direct portfolio through its different activities . year company name activity involved in the transaction country ref . 2015 siaci saint honor mid cap buyout france 48 2015 chal tec expansion germany 49 2014 schleich mid cap buyout germany 50 2014 vinci park infrastructure france 51 2013 the flexitallic group private debt us 52 2013 london luton airport infrastructure uk 53 2012 bulkypix ardian croissance france 54 2012 frostkrone expansion germany 55 2012 ceva private debt france 56 2011 spie co investment france 57 2011 odigeo mid cap buyout spain 58 2010 bravofly ardian croissance switzerland 59 2007 diana ingredients mid cap buyout france 60 2007 spotless group mid cap buyout france 61 2006 keolis co investment france 62 2005 cama eu mid cap buyout france 63 2000 seloger.com ardian croissance france 64 funds of funds edit in 2015 ardian funds of funds portfolio has about 1 200 funds with 10 000 underlying companies . 65 year seller type of assets size of transaction m ref . 2015 psers secondaries 1 750 66 2014 ge capital secondaries 1 300 67 2012 omers secondaries 850 68 2011 citi secondaries 1 700 69 2010 bank of america secondaries 1 900 16 references edit axa spins off private equity arm as ardian . reuters . 30 september 2013 . ardian celebrates first year of independence by hitting 50bn aum . altassets . 2 october 2014 . ardian raises 9bn to buy bank assets . financial times . 23 april 2014 . private equity international pdf . private equity international pdf . dominique senequier le private quity la fran aise . les echos in french . 15 october 2010 . our history . linedata . axa private equity funds of funds raise 8b the deal pipeline sample content need an id . www.thedeal.com . retrieved 2015 12 04 . axa private equity opens frankfurt office . ipe . 4 october 2001 . axa private equity plans asian expansion ; office opening and new fund of funds . alt assets . 26 may 2005 . industry bodies to debate profit sharing disclosure . private equity news . 21 july 2008 . senequier dominique 29 may 2008 . vive le lbo pour tous les salari s . le monde in french . infra funds should adapt to offer co investment says ardian . ij global . 1 april 2014 . risk return and cashflow characteristics of private equity investments in infrastructur pdf . caia . merged public transparency report ardian 2014 pdf . a b bofa sells 1.9 billion in assets to axa p.e. . the new york times . 22 april 2010 . private equity secondary market heats up . think advisor . 27 april 2014 . axa private equity opens beijing office . private equity wire . 6 november 2012 . axa private equity becomes ardian after spin out . alt assets . 30 september 2013 . les plus importants fonds d investissement du monde . le journal du net in french . 30 june 2014 . private equity international annual review pdf . 2013 . p. 64 . ardian opens madrid office . ardiab launches real estate activity . ardian opens san