06.08.2014 - Ardian Said in Talks Over $2 Billion of Abu Dhabi SWF Stakes
Ardian, the private-equity firm formerly known as Axa Private Equity, is in talks to purchase more than $2 billion in private-equity fund stakes from Abu Dhabi Investment Authority, according to two people with knowledge of the deal. ADIA, which invests on behalf of the government of Abu Dhabi, hired Cogent Partners to advise on selling mostly buyout fund stakes, people familiar with the matter said in July. Ardian made a bid on the portfolio before ADIA could start a sales process, said the people, who asked not to be named because the information is private...............................................Full Article: Source
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