Ardian, a France-based, independent private equity investment company, completed the acquisition of a 20 limited partnership fund interests portfolio from CPP Investments, an investment management company, for $2.1bn. "This transaction was undertaken as part of our active portfolio management activities. As a systematic buyer and seller in the secondaries market, we see this sale as an attractive opportunity to optimize the construction of our portfolio and to allow us to further support future investments," Suyi Kim, CPP Investments Senior Managing Director & Global Head of Private Equity.