Private equity firm Ardian completed the acquisition of a minority stake in SwanCap Partners, a private markets investment management firm, from UniCredit, an Italian global banking and financial services company. Financial terms were not disclosed. "This is an important milestone in the growth of SwanCap, reaffirming the company's independence and its development as a pure-play investment manager. We are delighted to welcome Ardian as a long-term investor and partner as we continue to grow our firm and strive to deliver superior risk-adjusted returns to our investors," Florian Kreitmeier, SwanCap Co-CEO and Managing Partner.