Dominique Senequier, president of the French private Equity fund Ardian, explains to Leaders league some reasons for recent success
Leaders League. With over $50 billion under management in 2014, are you expecting similar performance in 2015?
Dominique Senequier. We just celebrated the first anniversary of Ardian with positive results: our activity over the last year was above expectations. We are managing more than $50 billion thanks to the $11 billion collected in 2014. 2015 will be a consolidation and new fundraising year. Our work is naturally dependent on the global economy, and I have good reason to remain positive in terms of our ability to identify the best opportunities in today’s macro-economic context.
Leaders League. You had strong activity both in terms of investment and sales in 2014. How could you explain this?
D.S. Our fund-of-funds team benefited from the quality of secondary deal-flow to deploy $10.8 billion in 2014 through ten operations. On the acquisition side, we have also been quite active with investments in NHW, a chopper-transportation firm, and in Vinci Park, a parking manager. We have also secured some participation in Acino, a Swiss pharmaceutical company and in Multi Plan, an insurance company service provider. The private debt team participated in EAT, IMV and Ceva financing. Finally, on the sell-side, we have sold our participation in Newrest, a global player for on-board catering services.