Ardian Completes €1 Billion Semiconductor Fundraise, MENA Investors Account for 41%

November 9 — According to Bloomberg, French private equity firm Ardian's semiconductor investment strategy Ardian Semiconductor has completed a €1 billion fundraising, with nearly €700 million committed by the fund and the remainder in co-investments. By source of capital, Middle East and North African investors account for 41% and French investors for 24%, with LPs including government agencies, sovereign wealth funds, semiconductor companies, insurers and private wealth clients. Launched in October 2023, the strategy focuses on the semiconductor value chain, primarily investing in European companies while also covering the North American and Asian markets. Its investments to date include VSORA, a French chip company that designs AI inference accelerators.