Amundi hires new private debt chief

The Tikehau stakeholder has created a new private debt role.

Amundi asset management has hired Thierry Valliere as global head of its private debt platform in a newly created role, the firm announced.

Valliere (pictured) joins from Printemps, a Paris-headquartered department store chain, where he was deputy chief financial officer since 2010.

For ten years prior, Valliere worked at Rothschild where he was executive director in the global financial advisory team focused on debt advisory, restructuring and M&A. He started out his career in 1998 at Fiducial as an analyst in corporate finance and transaction services.

Amundi has around €950 billion assets under management, making it one of the leading asset managers in Europe and one of the world’s top 10, according to its website.

Paris-based Tikehau Investment Management formed a strategic partnership with the group in March last year, with Amundi taking a 12.8 percent stake in the private debt lender as part of the deal, alongside Arkea.

It also became a shareholder in Tikehau Capital Advisors, the head structure of the Tikehau Group, with a 7.3 percent holding alongside Unicredit and the firm’s partners.

The transaction allowed retail investors to access Tikehau’s private debt operation for the first time. Both firms signalled that they would consider launching new products, marketed under the Amundi / Tikehau dual brand.

Amundi was formed in January 2010 and was established by Crédit Agricole (80 percent) and Société Générale (20 percent).