Private credit firm Tikehau seeks strategic investor, Bloomberg News reports (updated)

Tikehau Capital SCA

Tue 14:53

Update with Tikehau declined to comment in bullet 3
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 Capital declined to 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))