Ardian
Private equityNew York · 1 people tracked
Also known as Ardian Us Llc
Investment thesis
Ardian is a Paris-headquartered global private markets firm managing or advising roughly $200 billion in assets across a range of investment strategies. It operates 22 offices worldwide and offers customized investment solutions to institutional and other investors across private markets.
Source: firm website, verified Aug 25, 2026.
Team · 1 people
from public directoriesFounder mafia
3 people who came through Ardian went on to found or lead other companies.
What they invest in
from 8 of 11 portfolio companiesCleantech ×2Consumer ×2AI & Machine Learning ×1Biotech ×1Circular Economy ×1Climate Tech ×1Enterprise Software ×1Fintech ×1
HQs:France×2Italy×1
Investments · 11 tracked
founders shown can be your intro pathaDryada develops nature restoration projects and works in carbon markets, drawing on experience in international finance, large infrastructure project management, and government contract negotiation.
CleantechClimate TechImpact & Social Good
Fabioin
Co-investorsFuture Positive CapitalEurazeo
HR Path provides HR consulting, HRIS integration, and HR outsourcing services, supporting organizations through the digital transformation of their HR departments across the full employee lifecycle.
Enterprise SoftwareHR TechSaaS
François Boulet(Founder)in
Co-investorsAndera Partners
Student housing development project in Bordeaux's Bastide Niel eco-district with environmental and sustainability standards.
Sage Mount is a private equity firm that provides flexible capital and value-creation services to entrepreneurs and their companies.
Fintech
Co-investorsRiverwood CapitalBregal Sagemount
Casaforte operates self-storage facilities across Italy, renting storage units in various sizes for individuals and businesses needing temporary or long-term space.
ConsumerLogistics & Supply ChainBergamo, IT
PartnerLaurent Grimaldi· solo GP
Galderma is a dermatology company offering brands across injectable aesthetics, dermatological skincare, and therapeutic dermatology.
BiotechConsumerHealthtech
PartnerLaurent Grimaldi· solo GP
Co-investorsAisling Capital
North American vertically integrated used tire recycling business converting end-of-life tires into alternative products.
Liberty Tire Recycling collects and processes scrap automobile, truck, and off-road tires, reclaiming rubber and turning it into recycled products such as mulch for customers seeking American-made recycled materials.
Circular EconomyCleantechNew Materials
PartnerLaurent Grimaldi· solo GP
Fresh food specialist retailer operating over 400 stores in France under the Grand Frais and Fresh banners.
Prosol selects, promotes, and distributes fresh, quality food products sourced from partner producers, which it sells through its own stores.
FoodTechRetail Tech
PartnerLaurent Grimaldi· solo GP
VSORA is a fabless semiconductor company designing AI inference chips, including the Jotunn8 data-center chip and the Tyr edge-AI chip, aimed at lowering the cost and energy use of running trained AI models.
AI & Machine LearningHardwareSemiconductorsMeudon-la-Forêt, FR
Khaled Maalej(Co-founder & CEO)
PartnerLaurent Grimaldi· solo GP
Co-investorsAdelieIsaiISAI GestionOtium CapitalPolytechnique VenturesXAnge+1 more
Portfolio news
latest coverage across their companiesVSORA · evertiq.com · Aug 10, 2026
Bregal Sagemount · finsmes.com · Jul 24, 2026
aDryada · qcintel.com · May 13, 2025
Fund performance · per public LP disclosures · 23
as of Dec 2024| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Ardian CT PE Part. Class D LegLPs: Connecticut Retirement Plans and Trust Funds | 2024 | — | — | 1.00x | — |
| Ardian Expansion 6LPs: Northern LGPS | 2024 | — | — | 0.98x | — |
| ARDIAN Infrastructure Fund VI BLPs: New York City Fire Department Pension Fund, New York City Board of Education Retirement System | 2023 | — | 13.1% | — | 0.01x |
| Ardian Secondary Fund IX, L.P.LPs: Teachers' Retirement System of the City of New York | 2023 | — | 27.3% | 1.21x | 0.08x |
| Ardian Infra Fund V Co-Invest EdenLPs: New York City Fire Department Pension Fund | 2022 | — | 10.1% | 1.40x | — |
| Ardian Infra Fund V Co-Invest LemonLPs: New York City Fire Department Pension Fund | 2022 | — | 25.5% | — | — |
| Ardian Infrastructure Fund V BLPs: New York City Fire Department Pension Fund, New York City Board of Education Retirement System | 2019 | — | 14.4% | 1.50x | 0.14x |
| Ardian Infrastructure Fund VBLPs: New York City Fire Department Pension Fund | 2019 | — | 14.3% | 2.00x | 0.16x |
| ASF VIII B NYC Co-InvestLPs: New York City Employees' Retirement System, New York City Police Pension Fund | 2019 | — | 13.7% | 1.38x | 0.32x |
| ASF VIII-B LPLPs: Florida State Board of Administration | 2018 | — | 13.7% | 1.37x | 0.45x |
| Ardian LBO Fund VI-A LPLPs: Florida State Board of Administration | 2016 | — | 5.7% | 1.28x | 0.78x |
| ASF VII B NYC Co-InvestLPs: New York City Employees' Retirement System, New York City Police Pension Fund | 2015 | — | 17.3% | 1.85x | 1.33x |
| ASF VII-B LPLPs: Florida State Board of Administration | 2015 | — | 12.9% | 1.51x | 1.07x |
| ASF VI B NYC Co-InvestLPs: New York City Employees' Retirement System, New York City Police Pension Fund | 2014 | — | 11.3% | 1.47x | 1.32x |
| ASF VI-B LPLPs: Florida State Board of Administration | 2013 | — | 11.3% | 1.42x | 1.31x |
| AXA LBO Fund V LPLPs: Florida State Board of Administration | 2012 | — | 11.0% | 1.58x | 1.54x |
| AXA Secondary Fund V B L.P.LPs: New York City Employees' Retirement System, New York City Police Pension Fund, Pennsylvania Public School Employees' Retirement System +1 more | 2011 | — | 15.4% | 1.61x | 1.60x |
| AXA Secondary Fund V L.P.LPs: Teachers' Retirement System of the City of New York, Florida State Board of Administration | 2011 | — | 13.6% | 1.55x | 1.54x |
| AXA Secondary Fund V-B LPLPs: Florida State Board of Administration | 2010 | — | 16.3% | 1.60x | 1.60x |
| Ardian Secondary Fund VI, L.P.LPs: Florida State Board of Administration | 2007 | — | 12.8% | 1.48x | 1.28x |
| Ardian LBO Fund VI, L.PLPs: Florida State Board of Administration | 2004 | — | 10.0% | 1.34x | 0.47x |
| ARDIAN INFRA FD V CO INV LEMONLPs: New York City Board of Education Retirement System | — | — | — | 1.26x | — |
| ARDIAN INFRASTRUCTURE FUND VLPs: New York City Board of Education Retirement System | — | — | — | 1.31x | — |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- How many investments has Ardian made?
- Ardian has 8 tracked investments.
- What sectors does Ardian focus on?
- Ardian focuses on Sector Agnostic.
- Where is Ardian located?
- Ardian is headquartered in New York, US.
- Who does Ardian co-invest with?
- Ardian most often shares deals with Adelie, Aisling Capital, Isai, among 7 tracked co-investors.
Media · Podcasts & interviews
from their channelHR Path & Ardian | Accelerating the growth of a leading human resources platform
Ardian
HR Path & Ardian | Accélérer la croissance d'un leader mondial du conseil en ressources humaines
Ardian
Highlights from Ardian's 2026 Annual General Meetings in Stockholm
Ardian
AI Sovereignty & Data Centers: Concrete Use Case
Ardian
Ardian Access Infrastructure | A Privileged Access to Private Markets
Ardian
From Fresh Produce to Fresh Ideas: AI & Digital Transformation in retail and private equity
Ardian
Images
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