Ardian has opened a San Francisco office as it continues to expand globally, Secondaries Investor reports.
The new office is its second office in North America after New York, which it opened in 1999, and its 12th worldwide, according to a statement from the firm.
Ardian spokeswoman Emma Murphy told Private Equity International separately that Ardian's fund of funds activity has about $30 billion of AUM across more than 1,000 funds, over half of which are based in the US. Specifically, in the west and mid-west US there are about 117 of those funds, or close to a quarter of Ardian's exposure, she said.
Ardian’s North American team is a large contributor to the Paris-based firm’s investment and fundraising activities, thanks to relationships with pension plans, insurance companies, financial institutions, endowments and family offices.
Wilfred Small Wilfred Small, who joined Ardian in 2011 and was previously a senior investment management in the New York office, is leading the San Francisco outpost, under the responsibility of Vladimir Colas and Mark Benedetti, two managing directors in the New York office. Kathy Kang, an analyst with Ardian’s fund of funds who was previously in the New York office, has also moved to San Francisco.
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