New Ardian Infrastructure Fund Set to Surpass €10 Billion Target

Ardian is on track to exceed the €10 billion ($11.7 billion) fundraising target for its latest fund, people familiar with the effort said, as investors look for opportunities in the infrastructure segment.

The fund, code-named AIF VI, is nearing completion with commitments exceeding Ardian’s goal, the people said, asking not to be named because they aren’t authorized to speak publicly. It is set to primarily invest in European infrastructures, including transportation, energy & utilities and digital assets such as data warehouses.

Paris-based Ardian, one of Europe’s largest investment firms, manages or advises on $180 billion of assets globally. It ...