Ardian and Mubadala Capital partner to launch a $2.1 billion equity fund. Through the partnership, Ardian will invest in a portfolio of private equity assets managed by Mubadala Capital and will also make a primary commitment to Mubadala Capital’s Private Equity funds.
This partnership builds on a $2.5 billion investment deal between the two companies back in 2017, which also created a private equity fund and established Mubadala Capital as a third-party asset manager.
“This transaction is the culmination of a highly collaborative and close working relationship with Mubadala Capital over the past five years. They are a well-respected team with an established track record, and this latest transaction is indicative of the importance we place on being a valuable long-term partner,” Mark Benedetti, Member of the Executive Committee and Co-Head of Ardian US, said.
Evercore acted as the exclusive financial advisor to Mubadala Capital on this transaction.
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