Tikehau Capital reported a record level of net new money in 2023, with €6.5bn (£5.56bn) invested with the French investment manager.
This represents a 37 per cent increase on the average amount invested between 2017 and 2022.
€5.9bn of this total was actively invested last year, with a focus on asset selectivity, megatrends and downside protection.
In its annual report, Tikehau also confirmed that its assets under management (AUM) sat at €42.8bn by the end of 2023, thanks to a 19 per cent year-on-year increase in AUM from international clients.
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More than half (54 per cent) of the company’s new money came from international investors, as the company continues to expand its reach globally.
Tikehau recently announced plans to open an office in Hong Kong later this year, to capitalise on international demand for private credit investments, and tap into the Chinese market.
“In 2023, Tikehau Capital showed remarkable resilience and adaptability,” said Antoine Flamarion and Mathieu Chabran, co-founders of Tikehau Capital.
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“Our multi-local presence, built over the past two decades, allowed us to expand our franchise and onboard new investors from key regions of growth.
“This internationalization sets the stage for our future growth, bolstered by a robust and compounding balance sheet, a healthy pipeline of fundraising activities and a clear trajectory towards achieving our 2026 targets.
“As we reflect on the achievements of 2023, we extend our gratitude to our teams for the pivotal role they have played. Their commitment ensures our readiness to seize opportunities in a dynamic market.”
Flamarion and Chabran added that Tikehau has a new goal to report net profits in excess of €500m by 2026.
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