Tikehau Capital rises on full-year record fundraising momentum

Tikehau Capital SCA

20/02/2025 09:16

** Shares of Tikehau Capital  TKOO.PA  rise 3.5%, after the
asset management company reported a full-year record fundraising
with AuM (Asset under Management)up 14% at EUR 49 billion 
($51.12 billion)
    ** The firm reported net new money of EUR 7.0 billion for
the full-year, with a 28% increase in Q4 to EUR 2.3 billion
compared to Q4 2023 
    ** "The recovery in alternative assets has only started
recently, yet TKO continued to grow nicely despite a significant
slow down in recent years," broker Degroof Petercam says 
    ** "We expect to revise our estimates upwards," Degroof
Petercam analysts add
    ** Out of 11 analysts that cover Tikehau Capital, seven rate
the stock "strong buy" or "buy,"​four rate "hold"


($1 = 0.9586 euros)

 (Reporting by Hugo Lhomedet)
 ((Hugo.Lhomedet@thomsonreuters.com;))