Ardonagh Group valued at $7.5bn as Abu Dhabi Investment Authority buys in
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Ardonagh Group valued at $7.5bn as Abu Dhabi Investment Authority buys in

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Expansive intermediary group Ardonagh has brought in new investors alongside long-term partners Madison Dearborn Partners (MDP) and HPS in a transaction that values the business at $7.5bn.

As part of the transaction, MDP will increase its shareholding in Ardonagh, while HPS will reinvest.

At the same time, new co-investors will enter through accounts managed by MDP and HPS, including a subsidiary of the Abu Dhabi Investment Authority...

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