In a press release published on LAVCA, Ardian, a private investment firm with over US$71B in assets worldwide, opened a new office in Santiago, Chile to extend its reach in Latin America. This office will be Ardian’s 14th globally and its first in Latin America, a move meant to strengthen Ardian’s ties to the Latin American region.
Ardian first invested in Latin America in 2010, making acquisitions of Latin American businesses as build-ups for its European portfolio companies. Since then, Ardian has supported the acquisition of nine Latin American startups in Ecuador, Chile, Mexico, and Brazil.
This office will bring Ardian into a closer relationship with its Latin American LPs in Chile, Colombia, and Peru. It will also allow Ardian to invest more heavily in mid-market infrastructure assets like Solarpack, a Chilean/Peruvian solar company that marked Ardian’s first direct investment in LatAm in 2016.
This office proves Ardian’s commitment to its Latin American LPs, as well as its efforts to provide more Latin American investments to an international investor base.
Read more in the original press release for LAVCA.