Ardian has held the final closing of its latest Americas infrastructure fund – Ardian Americas Infrastructure Fund V (AAIF V), with $2.1 bn in capital commitments.

The Ardian Infrastructure team now has over $21 billion in assets under management across the globe. AAIF V was significantly oversubscribed, exceeding its hard cap of $2.0 billion, and significantly larger than the inaugural AAIF IV which raised $800 million in 2018.

The successful fundraise attracted over 60 investors from 17 countries across the Americas, Europe, Middle East and Asia, comprising major pension funds, insurance companies, sovereign wealth funds, Fund of Funds, endowments and high-net-worth investors. With a mix of returning investors, who on average doubled their previous commitments to the strategy, and new investors, the successful fundraising of AAIF V demonstrates the growing appetite for Ardian’s Americas infrastructure and asset management strategies.

Read more: Private Equity Wire