Tikehau and Groupama AM raise €115m

The two asset managers have co-designed a fund to offer financing solutions in Europe.

Groupama AM and Tikehau Capital have jointly launched Groupama Tikehau Diversified Debt Fund (GTDDF), holding a first closing at €115 million. The fund, in which the European Investment Fund (EIF) is the anchor investor, is dedicated to financing European and mainly French SMEs. It will offer long-term credit solutions including bonds, euro PP or unitranche debt, and will make investments between €1 million and €10 million.