France's Tikehau Capital Advisors raises around $335 mln in equity

Peugeot Invest SA

20/05/2019 06:14

PARIS, May 20 (Reuters) - Tikehau Capital Advisors said it
had raised at least 300 million euros ($335 million) in new
equity, in a deal which will see an investment vehicle of Morgan
Stanley's  MS.N  North Haven Tactical Value arm become a new
shareholder in the French group.
    The capital raising also includes reinvestments by Tikehau
Capital Advisors' founders and managers, who will remain
controlling shareholders in the firm with more than 60% of its
share capital, as well as additional commitments from existing
institutional partners Temasek, FFP and MACSF, added Tikehau.
    "The Morgan Stanley Tactical Value Investing team is pleased
to partner with Tikehau Capital Advisors in support of Tikehau
Capital SCA's growth," said Pedro Teixeira, Co-Head of Morgan
Stanley Tactical Value Investing team, on Monday.
    ($1 = 0.8967 euros)

 (Reporting by Sudip Kar-Gupta; Editing by Stephen Coates)
 ((sudip.kargupta@thomsonreuters.com; +33 1 49 49 53 84;))