Overview
                                    
                                    
                                        
                                            We are a subsidiary of Ardian Group and have been in business since 1999.  Ardian US serves as 
investment adviser to several privately offered funds that are sponsored by Ardian and marketed 
primarily to institutional investors and high net worth individuals. The funds are exempt from registration 
under the Investment Company Act of 1940, as amended (the “1940 Act”) and whose securities are not 
registered under the Securities Act of 1933, as amended (the “Securities Act”). The funds are closed end 
and generally have a term of 10-15 years.  We have been appointed investment manager of some of these 
funds, and the duration of our appointments lasts for the duration of the funds.    For others, we serve as 
an adviser or sub adviser to the  fund’s  general  partner  or  an  Ardian affiliated  investment  adviser.   
The  investment  advice  we provide is based on specific investment objectives and criteria set forth in the 
respective fund’s offering documents, limited  partnership  agreements,  and  management  or  advisory 
agreements.   We  do  not  vary  our  advice from the terms of the funds we advise or manage. In addition, 
from time to time, we also provide investment advice for a fee to separately managed accounts (referred 
to herein, with the funds, as the “clients”). 
We specialize in providing investment advice to pooled investment vehicles. When managing pooled 
investment vehicles, we may be assisted by affiliated entities and certain of their advisory personnel but 
are generally responsible for the day-to-day management of the fund, the identification of investment 
opportunities for the fund and the acquisition, management, and disposition of fund investments. 
We also provide investment advice to other subsidiaries of Ardian domiciled outside the United States, in 
connection  with  their  management  of  offshore funds and  funds  of  funds,  including  research  and 
assistance  in identifying, evaluating, acquiring and monitoring private fund investments. 
We serve as the sole or primary investment manager for the following funds: 
Ardian North America Fund II L.P. 
Ardian North America Fund II L.P. (“ANAF II”) was formed in 2016. ANAF II is designed to make 
control investments
                                        
                                        
                                             in North American middle market businesses. 
Ardian Americas Infrastructure Fund IV L.P. 
Ardian Americas Infrastructure Fund IV L.P. (“AAIF IV”) was formed in 2018.  AAIF IV is designed to 
invest in or acquire entities in infrastructure businesses in the US and other American OECD countries. 
Ardian Infrastructure T Co-Invest L.P. 
Ardian Americas Infrastructure Fund IV T Co-Invest L.P. (“AAIF IV T Co-Invest”) was formed in 2018.  
AAIF IV T Co-Invest changed its name to Ardian Infrastructure T Co-Invest LP in 2020. Ardian 
Infrastructure T Co-Invest LP is designed to invest side by side with Ardian Americas Infrastructure Fund 
IV, any potential successor funds to AAIF IV, and any other relevant Ardian funds. 
Liberty Private Investments Pool L.P. 
Liberty Private Investments Pool L.P. (“LPIP”) was formed in 2019.  LPIP was formed to manage a pre-
existing portfolio of assets and does not actively evaluate or acquire new assets. 
ASF VIII-T Feeder-Car L.P. 
ASF VIII-T Feeder-Car L.P. was formed in 2020.  ASF VIII-T Feeder-Car L.P. is a feeder vehicle for 
ASF VIII LP, managed by Ardian UK, and related co-investments. 
Mass Ascension L.P. 
Mass Ascension L.P. (“Mass Ascension”) was formed in 2020.  Mass Ascension is designed to invest side 
by side with Ardian Americas Infrastructure Fund IV and other Ardian funds. 
Ardian Americas Infrastructure Fund V L.P. 
Ardian Americas Infrastructure Fund V L.P. (“AAIF V LP”) was formed in 2021.  AAIF V is designed to 
invest in or acquire entities in infrastructure businesses in the US and other American OECD countries. 
Ardian Americas Crossroads L.P. 
Ardian Americas Crossroads L.P. (“Crossroads”) was formed in 2022.  Crossroads is designed to co-
invest alongside Ardian Americas Infrastructure Fund V and/or other Ardian funds. 
Golden Capital Co-Investments L.P. 
Golden Capital Co-Investments L.P. (“Golden Capital) was formed in 2022.  Golden Capital is designed 
to co-invest alongside Ardian Co-Investment Fund VI and/or other Ardian funds. 
As of December 31, 2023, Ardian US LLC has regulatory assets under management on a discretionary 
basis of $1,611,017,732 and as adviser, sub-adviser, or delegated manager of $63,521,017,437.