Ardian has closed a €500 million (U.S. $689.3 million) private equity fund.

Ardian, formerly Axa Private Equity, is a Paris private equity firm with offices in New York, London, Zurich and other cities. The fund attracted investors from North America, Europe and Asia, including insurance companies and pension funds. The firm is run by Dominique Senequier (pictured) as CEO. Senequier founded Axa Private Equity in 1996, after working in insurance. She is also vice president of the supervisory board of luxury brand Hermes International.

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