France's Ardian to invest $2.5bn in Mubadala funds

Abu Dhabi – Mubasher: France-based Ardian will invest $2.5 billion in private equity funds run by Mubadala Capital, according to a press release.

This is the first time Mubadala has accepted capital from a third-party investor.

"This deal represents one of Ardian's largest transactions with a sovereign wealth fund," Ardian's head of funds and private debt, Vincent Gombault, said.

Ardian manages and advises assets worth $60 billion, while Mubadala manages more than $10 billion in assets.

Mubasher Contribution Time: 20-Apr-2017 13:13 (GMT)
Mubasher Last Update Time: 20-Apr-2017 13:21 (GMT)

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