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Reuters

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Business & Economics

Private equity 'secondary' sales hit record as Ardian closes $30 billion fund

Reuters
Summary
Nutrition label

81% Informative

Paris -based Ardian said this week it had raised $30 billion in the biggest-ever secondary fund.

Last year saw north of $150 billion in secondary market deal volumes, beating 2021 's previous record of $130 billion .

The number of continuation funds has increased four-fold in the past five years , Bain & Company says.

VR Score

92

Informative language

98

Neutral language

67

Article tone

formal

Language

English

Language complexity

58

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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