The manager Tikehau Capital has presented the relative quarterly results at the end of September. Currently, the group manages assets amounting to 31,800 million euros, which is 16.7% more than in the same period of the previous year. With regard to asset management, it has reached 30,500 million euros , an increase of 17.8%.

The year is notable for the strong momentum in fundraising , with 3,800 million in new net money for the asset management business, of which 1,400 million was only in the third quarter, representing an increase of 47% compared to the same period of the previous year.

Tikehau’s investment portfolio has reached 3,200 million euros , with 143 million euros of new capital committed by the manager in its own strategies during the third quarter of 2021, which increases the total of new capital commitments in its own strategies to 364 million euros so far this year.

Commitment to climate change
Tikehau is committed to climate change, in fact, among its objectives is to reach at least 5,000 million euros of assets dedicated to climate before 2025 , with the commitment to define science-based objectives for its private equity business in the next 24 months.

“This commitment demonstrates the continued ambition to invest global savings towards a more resilient and inclusive economy, creating sustainable value for all,” the manager explained in a statement. At the same time, Tikehau Capital has announced the launch of a Climate Action Center , dedicated to harnessing financial innovation and focusing on decarbonisation, biodiversity, sustainable food and agriculture, circular economy and sustainable consumption.

The manager has already attracted more than € 1.5 billion in capital commitments through its investment strategies that are classified as Article 9 under the European Sustainable Finance Disclosure Regulation (SFDR). Tikehau Capital intends to continue to launch priority fund strategies that support and accelerate sustainable business models and the decarbonization of economies.

Following the issuance of the sustainable bond with which it raised 500 million in March, Tikehau has integrated the ESG criteria into a revolving credit line of 700 million.

John Fraser, new partner
John Fraser was appointed this week as the new partner and president of its global structured credit strategies , which is based in New York. Fraser’s arrival “reinforces the firm’s commitment to its Loan Guaranteed Obligation (CLO) business and supports the firm’s expansion into the US market.”

Fraser will advise Tikehau Capital’s senior team members in the growth of the company’s existing structured credit businesses and will help develop and launch new lines of business in the same area.

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