Major Secondary Deal: Ardian Buys $1.75 Billion PennPSERS PE Portfolio

Posted on 01/05/2015

The US$ 52 billion Pennsylvania Public School Employees’ Retirement System (PennPSERS) has sold a US$ 1.75 billion portfolio of limited private equity fund interests to Ardian. The portfolio contains 17 limited partner interests. This secondary private equity deal is one of the largest in 2014. Ardian, formerly AXA Private Equity, is an independent private equity […]

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