Tikehau targets capital raise for asset boost

The firm is looking to raise at least €500m from shareholders as it looks to almost double its assets under management by 2020.

 Tikehau Capital is looking to raise a minimum €500 million from its existing shareholders via a capital increase, the company has announced.

In addition to seeking further capital from shareholders, the firm’s controlling shareholders, founders and management have contributed €165 million towards the capital raise.

Tikehau is aiming to raise more capital as part of a plan to increase its assets under management to €20 billion by 2020. The firm has approximately €10.3 billion in assets under management presently, 48 percent of which are held in private debt strategies. 

Tikehau AUM chart

Antoine Flamarion, partner at Tikehau, told PDI the firm will look to grow AUM both through focusing on its existing strategies and expertise and also by looking to acquisition opportunities. While the firm doesn’t have any concrete acquisition plans, it would be looking at acquiring additional expertise or exposure to new geographies, he said.

As far as private debt is concerned, Flamarion said his firm is likely to see how the market behaves before deciding whether to grow out its expertise in this asset class. He added the firm is set to introduce two private equity-focused offerings, with one of these focusing on real estate.