Corporate Moves
Alts Manager Wafra Takes Stake in Ardian
The investment, made through the firm’s strategic partnerships program, is one of many GP stakes it has made.
Amid encouraging market performances of other public buyout companies, expect a spate of PE operators to go public, says PitchBook.
The deal includes French private equity firm Ardian acquiring a 15% stake in FGP TopCo, leaving the Qatar Investment Authority as the largest shareholder.
The pension giant also sold a buyout fund portfolio for C$2 billion and German wind assets for C$374 million.