Ardian

Embracing private wealth solutions can help longstanding institutional LPs as well as smaller private wealth investors, says Erwan Paugam, senior managing director and head of private wealth solutions at Ardian.

The world may be reeling from geopolitical shock after geopolitical shock, but this uncertainty is only fuelling record-breaking secondaries activity.

A challenging environment has created a gulf between those smashing their private equity fund targets and those falling short.

Secondaries picked up momentum and managers increasingly tapped the wealth channel amid 2025's challenging fundraising environment.

A co-investing strategy can boost portfolio performance for investors while allowing GPs to get deals done in a challenging market.

Constantly raising capital and deploying quickly may shift managers’ attitudes toward deal activity, according to executives from Ardian, ICG and Neuberger Berman.

Mega-funds, market bifurcation and a resurgent investor base are reshaping the continent’s private equity landscape.

Our latest ranking shows external fundraisers are fuelling growth in the lower and mid-market, and are continuing to support emerging managers.

As demand for distributions rises, PE managers may have to take a more pragmatic approach to pricing in the months ahead.

Gulf capital that was previously earmarked for the US or Europe could be redirected towards home countries, Andrei Rotaru, head of Middle East private equity, tells PEI.

GP-led deal volume hit an all-time high in 2025, but record growth doesn’t necessarily equate to LP satisfaction with continuation vehicle processes.

From CVs on CVs to greater specialisation, secondaries professionals who have previously featured on our rising stars list share their insights on the market’s evolution.

The GP-led market is going from strength to strength, but there are still challenges to address.

Even after excluding Ardian's $30bn raise – the largest vehicle raised from the dataset – secondaries funds still recorded the highest average size in 2025.