Tikehau Capital

Name

Tikehau Capital

Legal name

Tikehau Capital SCA

Website

https://tikehaucapital.com

Company type

Public

Founded year

2004

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Alternative Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525), Open-End Investment Funds (52591)

SIC

Investment Advice (6282), Investors, Nec (6799)

akta.pro primary industry

Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)

akta.pro secondary industries

Large-Cap / Sponsor Finance Direct Lending (FSANADAJ), Institutional Capital Introduction (LP/Family Office/Endowment Matching) (FSAEALAI)

Keywords

• Alternative asset management
• Private debt
• Private equity
• Real assets
• Capital markets strategies

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices10 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Management and advisory fees: Tikehau Capital generates revenue primarily through management fees and advisory fees charged on assets under management across its private debt, private equity, real assets, and capital markets strategies. Fee-related earnings reached €148 million in FY 2025 with a 41% margin.
2. Performance fees and carried interest: The firm earns carried interest (performance fees) on investment gains realized in its managed funds, particularly in private equity and private credit strategies. Net result reached €136 million in FY 2025.
3. Capital deployment and transaction fees: Revenue generated through deployment fees and transaction-related income as the firm actively deploys capital across portfolio companies. Record deployment of €7.6 billion was achieved in FY 2025.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels8 records

Core offering

Tikehau Capital is a global alternative asset manager that provides tailored financing and investment solutions to businesses and entrepreneurs across the full capital structure — from senior secured debt to equity — through four core platforms: Credit (Private Debt), Real Assets (infrastructure and real estate), Private Equity, and Capital Markets Strategies. The firm manages €53 billion in assets under management (as of March 31, 2026) across private debt, private equity, real assets and capital markets strategies, serving institutional investors and private wealth clients through direct sales, insurance wrappers, PEA accounts and professional investor channels. Its product set includes both listed and unlisted funds spanning decarbonization, European sovereignty, defense and cybersecurity themes.

Product overview

Tikehau Capital is a French alternative asset manager offering financing solutions across four core asset classes: Credit (Private Debt), Real Assets, Private Equity, and Capital Markets Strategies. The platform operates through multiple specialized products and strategies including Tikehau European Private Credit, Real Assets (infrastructure and real estate through Sofidy), Private Equity (with dedicated strategies in decarbonization, European sovereignty, cybersecurity with €500M AUM as of 2024, and aerospace/defense), and Capital Markets Strategies (listed bond and equity funds). Distribution channels include institutional investors, private wealth (entrepreneurs, high net worth individuals, family offices), insurance wrappers, PEA accounts, and professional fund structures. The platform is complemented by sustainability and impact initiatives around decarbonation, nature and biodiversity, cybersecurity, and resilience themes.

Differentiator

Problem solved

Functional benefit

Brands

• Tikehau Défense & Sécurité: Private equity fund dedicated to European defense and security sectors, available through life insurance as unit-linked products. Initial commitment of €150M from partner insurers Société Générale Assurances, CNP Assurances, and CARAC Group.
• Tikehau European Sovereignty Fund
• Opale Capital Tikehau Aéro Partenaires II
• Capital Markets Strategies
• Private Wealth Solutions

Products and services

• Credit / Private Debt Tikehau Capital's credit business offers private debt financing solutions at all levels of the capital structure, including Tikehau European Private Credit strategy. Strategies are positioned on structurally growing themes with strong ESG dimensions, encompassing private credit, CLOs, and Capital Markets Strategies.
• Real Assets Real assets investment activities including infrastructure and real estate through subsidiaries like Sofidy. Encompasses residential and commercial real estate with focus on decarbonation challenges, and infrastructure strategy positioning the firm as a leading player in public-private partnerships in North America.
• Private Equity Private equity investments focused on themes including decarbonation, regenerative agriculture, growth companies, and strategic sectors such as aerospace and cybersecurity. Includes multiple specialized funds and strategies targeting specific sectors and market segments.
• Capital Markets Strategies Listed funds platform offering bond strategies (short duration, subordinated financial debt, and dated strategies across Investment Grade and High Yield), two equity funds including a European sovereignty thematic strategy, and a flexible fund. Combines deep market conviction, rigorous credit analysis, and active investment approach.
• Tikehau Défense & Sécurité (TDS) Private equity fund dedicated to European defense and security sectors, available through unit-linked life insurance products. Combines private equity, co-investments/secondaries portfolio with private debt sleeve for volatility smoothing and bi-monthly valuation. Target performance of 8.25% (part R-bis) with recommended 8-year horizon. Minimum investment starting at €1,500 depending on insurer.
• Tikehau European Sovereignty Fund (TESF) PEA-eligible equity fund invested in approximately 40 large European companies considered strategic for European sovereignty. Exposed to themes including defense, industrial autonomy, digital competitiveness, critical infrastructure, and health. Active management without index constraint. Minimum investment of €100. Generated 15.50% performance in 2025 (part F).
• Opale Capital Tikehau Aéro Partenaires II Professional fund specializing in aero-defense private equity strategy, taking majority control positions in approximately 15 European subcontractors (materials, mechanics, electronics, services) to accelerate growth and production capacity increases. Minimum first investment of €100,000. Invests in same assets as the group's industrial partners.
• Cybersecurity Investment Strategy Private equity investment strategy dedicated to cybersecurity launched in 2019, managing €500 million in assets under management as of September 2024. Led by cybersecurity experts Gilles Daguet and François Lavaste, focused on European defense and dual-use technology companies.
• Selecto Hotel Investment Platform Hotel investment platform targeting €350 million in commitments, initially focused on projects in Madrid, Málaga, and Barcelona. First hotels signed include three Holiday Inn Express properties totaling 653 rooms, expected to open between Q1 2028 and Q1 2029. Partnership with IHG Hotels & Resorts.
• Tikehau Private Debt Secondaries II (TPDS II) Private debt secondaries fund providing investors exposure to seasoned private debt portfolios, closed in February 2026 at over $1 billion in LP commitments, exceeding its original $750 million target and more than doubling the size of Tikehau's inaugural 2019 fund.
• Tikehau European Private Credit (TEPC) Semi-liquid credit strategy offering investors access to Tikehau's European private credit capabilities, distributed as a fund vehicle with periodic liquidity features.

Quantifiable outcome

• AUM grew to €53 billion as of March 2026, a 22% CAGR since IPO, with record €10.5 billion gross inflows in FY 2025
• +4 more outcomes

Named customers11 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Amova Asset ManagementcoreStrategic or Co-development Partner · 2 April 2026Amova Asset Management (formerly Nikko Asset Management, a Sumitomo Mitsui Trust Group subsidiary) and Tikehau Capital launched a joint venture, Tikehau Amova Investment Management Pte. Ltd, officially beginning operations on April 2, 2026 after MAS regulatory approval. This is the first JV in Asia between a Japanese and European-headquartered company in the private assets space. The partnership combines Amova's regional Asian market expertise with Tikehau's €5.8 billion decarbonisation expertise, distributing private equity decarbonisation strategies and private credit through both companies' global distribution networks.
• TotalEnergiescoreStrategic or Co-development Partner · 4 February 2026TotalEnergies and Tikehau Capital formed an equally owned joint investment platform to develop public EV charging infrastructure in urban areas of Belgium and the Netherlands. TotalEnergies contributes its existing concessions (over 9,500 charge points in Belgium where it is market leader, and ~18,000 in the Netherlands) and technical/operational expertise. Tikehau Capital provides investment and risk-sharing capital. The platform will pursue new municipal tenders and all charge points will be powered by certified renewable electricity.
• Amova Asset Management (JV Entity)coreStrategic or Co-development Partner · 17 November 2025Tikehau Capital and Amova Asset Management announced a joint venture to develop Asia-focused private assets investment strategies, building on a strategic relationship established in 2024. The JV, Tikehau Amova Investment Management Pte. Ltd, received MAS approval in April 2026.
• Société Générale Assurances, CNP Assurances, CARAC GroupcoreGTM or Marketing Partner · 16 June 2025Tikehau Capital partnered with three French insurance companies (Société Générale Assurances, CNP Assurances, and CARAC Group) to launch Tikehau Défense & Sécurité (TDS), a private equity fund dedicated to European defense and security. Each insurer invested €50 million equally (€150 million total initial commitment) structured as unit-linked products in life insurance and retirement savings policies. This is the first unlisted asset vehicle eligible for unit-linked investment dedicated entirely to defense and security, targeting aerospace and cybersecurity sectors.
• IHG Hotels & Resorts (Tikehau Selecto)minorStrategic or Co-development PartnerTikehau Capital's Selecto hotel investment platform partnered with IHG Hotels & Resorts to sign three Holiday Inn Express franchise agreements totaling 653 rooms across Madrid, Málaga, and Barcelona, representing the largest single-partnership signing for Holiday Inn Express in Spain. The hotels are expected to open between Q1 2028 and Q1 2029.

Scale indicators18 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Eurazeo: Eurazeo is a French-listed global investment company with €35bn+ AUM spanning private debt, private equity, real assets, and capital markets strategies, making it the most direct domestic peer to Tikehau Capital by platform mix, geography, and listed status.
• EQT AB: EQT is a Swedish-listed global alternative asset manager with €250bn+ AUM across private capital, real assets, growth, and public strategies. Both firms share a multi-strategy European platform model with strong sector franchises and a similar investor base.
• Partners Group: Partners Group is a Swiss-listed private markets firm with $150bn+ AUM across private equity, private credit, real estate, and infrastructure. Comparable to Tikehau in its full capital structure coverage and its use of semi-liquid and listed fund vehicles to broaden distribution.
• CVC Capital Partners: CVC is a European-headquartered private equity and credit manager (€200bn+ AUM) that recently listed on Euronext Amsterdam. It competes directly with Tikehau for European mid- and large-cap private equity and credit mandates.
• 3i Group: 3i Group is a UK-listed private equity and venture capital manager, most comparable to Tikehau in its listed European profile, multi-strategy approach, and use of international fundraising channels to scale.
• PAI Partners: PAI Partners is a Paris-headquartered private equity firm with €30bn+ AUM focused on European mid- and large-cap buyouts. Direct peer given shared European origination footprint, sector specializations, and overlap with Tikehau's PE and Ace Capital strategies.
• Bridgepoint: Bridgepoint is a London-headquartered private equity firm with €80bn+ AUM focused on European mid-market. Comparable to Tikehau's private equity business in scale, European mid-market focus, and sector diversification.
• Cinven: Cinven is a London-headquartered European buyout firm with €40bn+ AUM. Direct peer to Tikehau's larger PE funds in deal size, European target sourcing, and pension/sovereign LP base.
• Wendel: Wendel is a French-listed investment company that holds concentrated positions in industrial and financial assets, with a stated focus on long-term European industrial equity. Comparable in listed European profile, industrial/decarbonization thematic focus, and permanent capital approach.

Broad incumbents

• Apollo Global Management: Apollo is a $700bn+ global alternative asset manager with a dominant private credit franchise, a key competitor for Tikehau's CLO and direct lending business, and a co-investor alongside Tikehau in the €1bn+ Egis capital raise.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC-8eVZa27TuYGEiCcs-o-iA
• LinkedInlinkedin.com/company/tikehau-investment-management
• Xx.com/Tikehau_Capital

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Subsidiaries21 records

Funding overview

Funding rounds6 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A16 records

Investments153 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tikehau Capital