Ardian, a world leading private investment house, and Mubadala Capital, the asset management arm of Mubadala Investment Company, announced a new partnership that will see Ardian invest in a portfolio of high-quality private equity assets managed by Mubadala Capital, and in parallel Ardian will make a primary commitment to Mubadala Capital’s Private Equity funds.
Ardian and Mubadala Capital have built a strong relationship since forming a successful initial partnership in 2017, a milestone transaction that established Mubadala Capital as a third-party asset manager and represented the first time a sovereign wealth fund has managed capital on behalf of institutional investors.
As part of this latest transaction, Ardian and Mubadala Capital curated a portfolio of ten limited partnership interests with a leading group of General Partners predominantly in North America and Europe, as well as six high-quality direct investments. All of the assets in the new portfolio were previously held on Mubadala Capital’s balance sheet following a successful spin-off from Mubadala Investment Company in 2021.
Mubadala Capital’s private equity strategy focuses on direct investments in North America and Europe in core sectors where the team has a strong network and track record, including media, sports and entertainment, consumer and food services, financial services and business services.
“This transaction is the culmination of a highly collaborative and close working relationship with Mubadala Capital over the past five years.”