John Bakie
The move is the latest to offer private markets funds, including private credit, to a wider range of mass market investors.
Private debt is playing catch-up in attracting investors from the retail space, but new legislation is helping.
The deal with Japan’s Nikko Asset Management is expected to significantly increase Tikehau’s presence in Asia.
The firm’s first comingled fund in its capital solutions strategy will invest in a broad mandate of public and private credit.
The firm has received regulatory approval to offer direct lending to defined contribution pension clients.
The firm’s second opportunistic credit fund closed at more than twice the size of its predecessor with backing from LPs across the US, Europe and Asia.
The firm will continue its strategy of backing Central European growth businesses with debt and equity solutions.
The fund will continue its strategy of investing in lower mid-market companies in Europe.
Camille de Lamotte will join the firm from Goldman Sachs to lead Spanish activity and co-head French deals.
Managers see using cutting-edge tools to assist operations as high priority – but they still have plenty to do to keep up with the latest trends.