Tikehau Capital Successfully Completed Its First Collateralized Fund Obligation For $300m

PARIS--(BUSINESS WIRE)--Regulatory News:

Tikehau Capital (Paris:TKO) today announces that it has successfully completed an inaugural Collateralized Fund Obligation (CFO) for an amount of $300m.

The CFO’s assets consist of interests in private debt funds that were mainly held on Tikehau Capital’s balance sheet. They notably include exposure to the firm’s flagship Direct Lending strategy and to its innovative Private Debt Secondaries strategy.

The rated debt and equity tranches have been placed to large US institutional investors while Tikehau Capital retains part of the equity. This transaction would have a positive impact on Tikehau Capital’s cash position over the life of the vehicle for a total amount of c. $0.2bn.

This vehicle provides investors with an innovative access to private debt, an asset class with highly appealing features in terms of risk-adjusted returns in the current environment.

This transaction highlights US investors’ confidence in the Group’s strategies and represents a new milestone for Tikehau Capital expansion in North America and another illustration of the firm’s ability to structure and offer innovative products.

ABOUT TIKEHAU CAPITAL

Tikehau Capital is a global alternative asset management group with €37.5 billion of assets under management (at 30 September 2022).

Tikehau Capital has developed a wide range of expertise across four asset classes (private debt, real assets, private equity and capital markets strategies) as well as multi-asset and special opportunities strategies.

Tikehau Capital is a founder-led team with a differentiated business model, a strong balance sheet, proprietary global deal flow and a track record of backing high quality companies and executives.

Deeply rooted in the real economy, Tikehau Capital provides bespoke and innovative alternative financing solutions to companies it invests in and seeks to create long-term value for its investors, while generating positive impacts on society. Leveraging its strong equity base (€3.1 billion of shareholders’ equity at 30 June 2022), the firm invests its own capital alongside its investor-clients within each of its strategies.

Controlled by its managers alongside leading institutional partners, Tikehau Capital is guided by a strong entrepreneurial spirit and DNA, shared by its 739 employees (at 30 September 2022) across its 14 offices in Europe, Asia and North America.

Tikehau Capital is listed in compartment A of the regulated Euronext Paris market (ISIN code: FR0013230612; Ticker: TKO.FP). For more information, please visit: www.tikehaucapital.com.

DISCLAIMER:

This document does not constitute an offer of securities for sale or investment advisory services. It contains general information only and is not intended to provide general or specific investment advice. Past performance is not a reliable indicator of future earnings and profit, and targets are not guaranteed.

Certain statements and forecasted data are based on current forecasts, prevailing market and economic conditions, estimates, projections and opinions of Tikehau Capital and/or its affiliates. Due to various risks and uncertainties. actual results may differ materially from those reflected or expected in such forward-looking statements or in any of the case studies or forecasts. All references to Tikehau Capital’s advisory activities in the US or with respect to US persons relate to Tikehau Capital North America.