of purpose
Alongside many others the world over, we had to respond to the calamitous spread of the pandemic and play our part in the global effort to overcome the virus. We reorganized rapidly to protect our staff, support our portfolio companies and ensure our work could continue with minimal disruption.
Ardian has continued to raise and deploy funds with minimal disruption, closing new generations of our Secondary Fund of Funds and Expansion funds. Our concentration on high-quality, resilient investments has been validated by the strong performance of our portfolios through 2020. We intensified our communications with LPs and management teams during the crisis, reassuring them that Ardian is working constantly to safeguard their interests.
The principles of responsible investment – and especially the positive impact our work can have on society – are fundamental to the way Ardian operates. During 2020, we extended our commitment to these principles by publishing a simple statement of our corporate purpose: At Ardian, we invest all of ourselves in building companies that last.
Anthony Francheterre, Chief Executive Officer of Solina