Private credit firm Tikehau seeks strategic investor, Bloomberg News reports

Tikehau Capital SCA

Tue 14:38

Oct 20 (Reuters) - French investment and private equity company Tikehau Capital TKOO.PA is looking for a new strategic investor to help fuel its next phase of growth, Bloomberg News reported on Tuesday, citing people with knowledge of the matter. 

Here are more details:
The company has held talks with multiple international firms and investors about selling a stake in itself, the report said
Tikehau mandated an investment bank to advise on the process, the report said
Tikehau did not immediately respond to a Reuters request for comment
Founded in 2004, Tikehau invests across credit, real assets, private equity and capital markets strategies
Tikehau had €53.5 billion ($60.05 billion) in assets under management as of June 30, according to its website
     
($1 = 0.8909 euros)

 (Reporting by Sathvi G Bhat in Bengaluru)
 ((Sathvi.GBhat@thomsonreuters.com))