Paris-headquartered Tikehau Capital has hired former ABN AMRO leveraged finance head Dominik Felsmann to lead its expansion into Germany.
The firm has opened a new office in Frankfurt with Felsmann becoming head of Germany when he joins the firm on 15 March.
His role will include responsibility for expanding local origination capabilities in Germany and growing the firm’s business more generally in the country, including strengthening relationships with its German investor base.
Felsmann has more than 15 years of experience in leveraged finance, most recently heading ABN AMRO’s operations in Germany since 2017. He has also held roles at IKB, HSBC and Commerzbank in leveraged and acquisition finance in both Frankfurt and London.
Commenting on the hire, Thomas Friedberger, co-CIO and CEO of Tikehau Investment Management, said: “Dominik’s deep experience in leveraged finance will be an immediate asset to Tikehau Capital’s commitment to building our franchise in Germany and to our German-speaking clients. His international background along with his extensive network will help us to further strengthen the firm’s footprint in the region.”
The Frankfurt office is Tikehau’s 12th globally and its eighth to be opened in Western Europe. Tikehau said it sees significant untapped potential in German direct lending but will also offer all its business segments in Germany including private equity, real assets and capital markets.
Some staff will be transferred from the firm’s Paris headquarters to support the group’s development in Germany and the office will also seek to grow by hiring local talent over time. Tikehau said it has invested more than €800 million in credit in Germany and a further €800 million in real estate. It has also had a partnership with DWS Group since 2018.