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Ardian invests €300M in UniCredit infrastructure funds

01 August 17 - RE+D Magazine
Ardian invests €300M in UniCredit infrastructure funds

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Antulio Richetta

Director IBI Group
Ardian is buying €300million worth of stakes in infrastructure funds held by UniCredit, according to realestate.ipe.com.

 

The investment manager has signed a sale-and-purchase agreement with the Italian bank to buy a number of limited partnership interests.

Ardian, which has a team dedicated to buying fund stakes on the secondary market, said it is the largest secondary infrastructure transaction this year.

Last year, the company’s carried out $4.8bn (€4.07bn) of secondary trades, including infrastructure funds.

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