That makes it the largest secondaries fund ever launched, reflecting the incredible rise to prominence of private equity secondaries; will it be on track to exceed last year’s $150 billion in deal volume? This is a significant increase on Ardian’s previous fund, which closed with over $19 billion in 2020. You could say they are the gu(ardian) of the secondaries galaxy. Ardian’s success signals a strong start to 2025. More than 465 investors from 44 countries globally wrote tickets to get on board this latest Ardian fund offering. Hopefully secondary funds can continue to deliver stellar performance as expectations between buyers and sellers of PE portfolios narrow. To the stars!