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Private equity firm Ardian raises 2 billion euros for new fund

PARIS (Reuters) - Private equity firm Ardian has raised 2 billion euros ($2.4 billion) for its ‘Ardian Expansion Fund V’, which the company said on Wednesday highlighted investors’ interest in European high-growth companies.

The Ardian Expansion Fund V is aimed at helping European high-growth, mid-sized companies, and Ardian said investors from Asia and the Middle East had contributed to its latest fundraising.

Reporting by Sudip Kar-Gupta, editing by Louise Heavens

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