Ardian completes fundraising of 1 billion euros for semiconductor fund: Middle Eastern and North African investors account for 41%

According to Bloomberg, the French private equity firm Ardian's semiconductor investment strategy Ardian Semiconductor has completed a fundraising of 1 billion euros, with the fund committing nearly 700 million euros, while the remainder comes from co-investments.

In terms of the investment structure, investors from the Middle East and North Africa account for 41%, while French investors account for 24%. The contributors include government agencies, sovereign wealth funds, semiconductor companies, insurance companies, and private wealth clients. This strategy was launched in October 2023, focusing on the semiconductor value chain, primarily investing in European companies while also considering the North American and Asian markets. Invested projects include the French chip company VSORA, which designs AI inference accelerators.