Tikehau Capital SCA
PAR:TKO

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Tikehau Capital SCA Logo
Tikehau Capital SCA
PAR:TKO
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Price: 16.64 EUR 2.46% Market Closed
Market Cap: 2.9B EUR

Tikehau Capital SCA
Investor Relations

In the heart of Paris, Tikehau Capital SCA stands as a prominent player in the realm of alternative assets. Founded in 2004, this investment management firm has built a robust platform by leveraging its deep expertise across four key asset classes: private debt, real estate, private equity, and capital markets strategies. By strategically positioning itself at the intersection of traditional finance and a more innovative approach to asset allocation, Tikehau Capital offers bespoke investment solutions tailored to meet the diverse needs of its global clientele. The firm's ability to adeptly navigate through varying market environments allows it to unlock value for investors, making it a pivotal force in the alternative investment landscape.

At the core of Tikehau Capital's business model lies its capability to generate significant returns through a blend of risk management and strategic vision. The firm thrives by sourcing, structuring, financing, and managing investments that offer attractive risk-adjusted returns. Its private debt segment provides customized credit solutions to companies looking for capital, enabling Tikehau to earn revenue through interest and fees. Meanwhile, its forays into real estate and private equity involve identifying undervalued or growing assets, improving their operational or financial performance, and eventually orchestrating profitable exits. The capital markets arm complements these efforts by deploying sophisticated strategies designed to tap into market inefficiencies. Through this multifaceted approach, Tikehau Capital successfully amalgamates resources and expertise, cultivating a business model that consistently drives financial performance and growth.

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Last Earnings Call
Fiscal Period
Q2 2023
Call Date
Jul 27, 2023
AI Summary
Q2 2023

Strong Fundraising: TKO Capital achieved record fundraising of EUR 3.3 billion in H1 2023, despite industry-wide slowdowns, showing the appeal of its diversified strategies.

AUM Growth: Assets under management (AUM) reached nearly EUR 41 billion at the end of June, up 14% year-on-year.

Solid Profitability: Fee-related earnings rose by 20% to nearly EUR 50 million, with the FRE margin improving to 31%.

Selective Deployment: Capital deployment remained disciplined at EUR 2.5 billion for closed-end funds, with a selectivity rate of 98%.

International Expansion: The firm grew its presence to 15 geographies, opening new offices in Abu Dhabi and other regions, and saw rapid growth in non-domestic AUM.

Sustainability Leadership: TKO is on track to exceed EUR 5 billion in impact platform AUM by 2025 and has 40% of AUM committed to net zero by 2050.

Positive Outlook: Management expressed confidence in continuing growth and profitability, highlighting a strong fundraising and deployment pipeline for H2 2023 and beyond.

Key Financials
Capital Deployed
EUR 2.5 billion
Fund Realizations (Exits)
EUR 800 million
Fundraising (Net New Money)
EUR 3.3 billion
Assets Under Management (AUM)
EUR 41 billion
Asset Management Revenue
EUR 160 million
Fee-Related Earnings (FRE)
EUR 49 million
FRE Margin
31%
Realized Revenue (Portfolio)
EUR 82 million
Dry Powder
EUR 6.7 billion
Fee-Paying AUM
EUR 33.3 billion
Average Management Fee Rate
97 bps
Balance Sheet Investments
EUR 3.6 billion
Net Profit
EUR 72 million
ESG-Linked Debt
65% of total debt
Earnings Call Recording
Other Earnings Calls
2023

Management

Ms. Claire Leon
Chief Operating Officer
No Bio Available
Mr. Geoffroy Renard
Group General Counsel
No Bio Available
Mr. Mathieu Badjeck
Executive Director
No Bio Available
Mr. Jean-Pierre Mustier
Partner
No Bio Available
Mr. Peter Cirenza Ph.D.
Chairman of Tactical Strategies & Co-Chief Investment Officer of Tikehau IM
No Bio Available
Mr. Frédéric Jariel CPA
Co-Head of the Real Estate Activity
No Bio Available
Mr. Thomas Friedberger
Group Deputy Chief Executive Officer
No Bio Available
Mr. Emmanuel Laillier
Head of Private Equity
No Bio Available
Mr. Jeremy Le Jan
Head of Canada
No Bio Available
Ms. Olga Kosters
Head of Private Debt Secondaries
No Bio Available

Contacts

Address
ILE-DE-FRANCE
Paris
32 Rue De Monceau
Contacts