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What's New In Investments, Funds? – Ardian
The latest product and service offerings, including funds, in the wealth and asset management sector.
Ardian
Global investment house Ardian has raised €1.2 billion
($1.35 billion) for its second real estate fund (AREEF
II).
The fund is backed by nearly 100 investors – more than 50 of
which are institutional – from around the world, attracting
capital from 13 countries across the Americas, Europe, and the
Middle East. It will invest in commercial property assets, mainly
in office buildings in Europe.
AREEF II, which met its initial target size, represents an
increase of more than 60 per cent on Ardian Real Estate’s
inaugural fund, AREEF I, which totalled €737 million. The fund
also saw a re-up rate of 84 per cent.
AREEF II, which is already more than 50 per cent deployed, will
invest in assets valued between €50 million and €250 million,
capitalising on the long-term structural changes of working
trends.
Ardian has assets of $120 billion managed or advised in Europe,
the Americas and Asia. The company is majority-owned by its
employees, working from 15 offices across Europe (Frankfurt,
Jersey, London, Luxembourg, Madrid, Milan, Paris and Zurich), the
Americas (New York, San Francisco and Santiago) and Asia
(Beijing, Singapore, Tokyo and Seoul).
