Ardian, the world’s second-largest secondaries firm by fundraising, has reshuffled its senior management structure to include three secondaries professionals as part of a general management team.
The Paris-headquartered firm’s new team includes co-heads of secondaries and primaries Mark Benedetti and Vladimir Colas, and deputy co-head of secondaries and primaries Jan Philipp Schmitz, who is also head of investor relations, according to Ardian’s website.
President Dominique Senequier and infrastructure and IT head Mathias Burghardt round out the five-person group.
As part of the changes, Nicolò Saidelli, head of Italy and co-head of buyout, has been appointed as an adviser to Senequier on strategy and acquisitions.
The appointments – effective after the next shareholders’ meeting – come as the firm plots its next stage of growth. Secondaries Investor reported last year that Ardian had been speaking to investment bank JPMorgan about a potential IPO.
A spokesperson for Ardian told Secondaries Investor at the time that the firm had not mandated the investment bank for an IPO, and that the firm had been been reviewing opportunities as part of a regular three-year strategic review.
French business publication L’Agefi reported over the summer that Senequier, speaking at a business event on the 28 June, had said Ardian would not go public this year or next year.
Ardian raised $49.8 billion in the latest SI 50 ranking of world’s biggest secondaries fundraisers, marking a 23 percent rise year-on-year.
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