Tikehau IM Launches Euro Leveraged Loan Fund

Nov 22 2013 | 8:04am ET

Paris-based Tikehau IM, a credit-oriented investment manager, has launched a pan-European leveraged loan vehicle.

The FCT Tikehau Corporate Leveraged Loan Fund, which started operations in November, will target senior secured loans to private equity-sponsored companies (mostly European) in support of buyout, expansion and capitalization deals.

The fund is the latest offering from the Tikehau Group's €2.3 billion credit investment manager platform.

Tikehau said the fund's first closing enjoyed “strong traction amongst European institutional investors” but did not reveal the total raised.

Said Mathieu Chabran, co-founder and CIO of Tikehau IM, in a statement: “The launch of this new fund reaffirms Tikehau Group's commitment to being a leading participant in the leveraged loan markets at a time of renewed sponsor-driven buy-out activitiy. Leveraged loans are an increasingly popular financial instrument for investors, considering they are senior, secured and provide floating rate exposure.”


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Quattrex Sports AG Debuts Soccer-Focused UCITS Fund

Sep 9 2016 | 9:54pm ET

Innovative alternative investment company Quattrex Sports has unveiled a new UCITS...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...