Ardian, the independent private investment company, has announced the opening of its new office in Madrid, Spain.
The office, Ardian's 11th at a global level, increases the company's presence in Southern Europe and strengthens its position in the Spanish market, where it is already an important investor. The opening comes at a time of increased investment opportunities in Iberia.
The Madrid office will initially comprise two teams: Infrastructure, led by Managing Director Juan Angoitia, and Mid Cap Buyout, led by Managing Director Gonzalo Fernandez-Albiñana.
Ardian's Infrastructure team already has a significant presence in the Spanish market, where it has invested €900 million (US$1.01 billion) to date. It has already built strong partnerships with leading infrastructure industrials like Abertis, the international market leader in the management of toll roads, and AENA, the public airport operator in Spain and abroad.
This has led to joint investments in major infrastructure assets including SANEF, the toll road network in France, Trados 45, a Spanish toll road in Madrid, Túneles de Vallvidriera y Cadi in Barcelona, and London Luton Airport. Ardian is also the largest shareholder in CLH (Compañia Logistica de Hidrocarburos), the leading oil products transportation and storage company in Spain.
Juan Angoitia, Managing Director Infrastructure at Ardian, said:
"Our new office broadens further our European infrastructure coverage, enabling us to build even closer relationships with our existing partners. Together we will explore opportunities to develop further the infrastructure requirements of the region."
Gonzalo Fernandez-Albiñana, Managing Director Mid Cap Buyout at Ardian, added:
"We see some great investment opportunities in Spain. Our presence in Madrid will at once increase our ability to seize the best investment opportunities, while also supporting the development of our portfolio companies."