PARIS--(BUSINESS WIRE)--Regulatory News:
Tikehau Capital (Paris:TKO), the global alternative asset management group, announces the launch of Brienne, the new vintage of its private equity cybersecurity strategy, building on the success of its predecessor. With €200 million at first close, this vintage will stand as the largest vehicle dedicated to digital security in Europe.
The focus of this next vintage will be on seizing European opportunities and supporting companies with significant global B2B scalability potential. It aims to invest ticket sizes ranging from €10 million to €50 million, including reinvestments, thus offering the potential for substantial backing to companies poised to redefine the cybersecurity landscape.
Launched in June 2019, Brienne III1, the previous vintage of Tikehau Capital’s private equity cybersecurity strategy successfully raised €175 million and strategically invested in 15 companies within the European cyber ecosystem. The launch of this new vintage underscores Tikehau Capital's steadfast dedication to investing in pioneering technology and fortifying digital security on a broader scale. With €200 million in capital commitments already secured from a diverse range of institutional, strategic and private investors, this strategy demonstrates its resilience and robust momentum.
As the digital landscape continues to evolve, the need for robust cybersecurity has never been more critical. The ongoing surge of cyber threats and attacks is impacting businesses of all sizes and across all sectors, with a particular emphasis on critical industries.
In this ever-evolving landscape, cybersecurity is at the forefront of technological development and is an enduring investment opportunity. Tikehau Capital’s private equity strategy intends to play a pivotal role in strengthening digital security and supporting companies in delivering state-of-the-art solutions within the cybersecurity industry.
"Since the launch of our private equity cybersecurity strategy in June 2019, the sector has notably matured, resulting in increasing financial requirements from cybersecurity firms. The latest vintage of this strategy marks the largest European investment vehicle dedicated to cybersecurity. Our primary focus remains on European investments, while keeping a watchful eye on opportunities beyond the continent. Our commitment to digital security goes beyond financial investment. We aim to be at the forefront of innovation in the cybersecurity sector. As an active investor we want to be close to managers and help them develop their business through Tikehau Capital’s international network. We are excited to embrace this challenge and play our part in shaping the future of cybersecurity," said Marwan Lahoud, Chairman of Private Equity at Tikehau Capital.
ABOUT TIKEHAU CAPITAL
Tikehau Capital is a global alternative asset management group with €42.0 billion of assets under management (at 30 September 2023).
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 2023), 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 757 employees (at 30 September 2023) across its 15 offices in Europe, Middle East, 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.
The strategy mentioned in this press release is reserved for professional investors and is managed by Tikehau Investment Management SAS, a portfolio management company approved by the AMF since 19/01/ 2007 under the number GP-07000006. Non-contractual document intended exclusively for journalists and media professionals. The information is provided for the sole purpose of enabling them to have an overview of the transactions, whatever the use they make of it, which is exclusively a matter of their editorial independence, for which Tikehau Capital declines all responsibility. This document does not constitute an offer to sell securities or investment advisory services. This document contains only general information and is not intended to represent general or specific investment advice. Past performance is not a reliable indicator of future results 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. Owing 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. Tikehau Capital accepts no liability, direct or indirect, arising from the information contained in this document. Tikehau Capital shall not be liable for any decision taken on the basis of any information contained in this document. All references to Tikehau Capital’s advisory activities in the US or with respect to US persons relate to Tikehau Capital North America.
1 Fund managed by Tikehau Investment Management, reserved for qualified investors and no longer open to commercialisation and subscription.