Overview
Tikehau Capital is a global alternative asset management group. Headquartered in Paris, it is listed on the Euronext exchange in compartment A (TKO.FP, ISIN: FR0013230612). Tikehau was founded in 2004 by two entrepreneurs, Antoine Flamarion and Mathieu Chabran. The group remains founder-led and is majority held by the managers and some institutional shareholders. Tikehau Capital manages EUR 53.5 billion in assets (as of 30 June 2026), of which EUR 43.5 billion are fee-paying assets under management.
Business Lines
The company has considerable expertise in four key asset classes and a number of multi-asset strategies, as well as several special opportunity strategies. Below is a breakdown of the groupās assets under management as of 30 June 2026:
- Credit ā EUR 25.2 billion (47% of AUM), spanning direct lending, special opportunities, CLOs and credit secondaries; the largest platform in the group
- Real Assets ā EUR 14.3 billion (27%), primarily European real estate across Core+ and Value-Add strategies
- Private Equity ā EUR 7.9 billion (15%), built around conviction-led verticals including decarbonisation, cybersecurity, aerospace and defense, and growth equity; the Decarbonization flagship strategy reached EUR 2.6 billion and the Aerospace & Defense strategy EUR 0.7 billion as of 30 June 2026
- Capital Markets Strategies ā EUR 6.1 billion (11%)
Balance-Sheet Alignment
Key to Tikehau Capitalās model is that it invests its own capital in all of its strategies. Consolidated Shareholdersā Equity (CSE) was EUR 3.2bn as at end June 2026. Tikehau Capital has seeded its energy transition private equity strategy with EUR 100m of the Groupās own capital. The Group also committed close to EUR 70m of its own capital at launch to its first ELTIF 2.0 semi-liquid credit fund, Tikehau European Private Credit.
Private Wealth and ELTIFs
An early mover in opening private markets to non-institutional investors in Europe, Tikehau Capital created its first European Long-Term Investment Fund (ELTIF) in April 2020 with a private equity energy transition strategy which is distributed through Banca March in Spain. The group has also launched the first ELTIF 2.0 semi-liquid fund, Tikehau European Private Credit, in June 2025. The assets under management from private investors amount to EUR 18.4 billion as of 30 June 2026, i.e. 26% of third-party net inflows over the first half of 2026.
Organisation
As of 31 March 2025, the Group has 750 employees working from 17 offices across Europe, the Middle East, Asia and North America. The main asset management company, Tikehau Investment Management SAS, has been authorised by the French financial markets authority (AMF) since January 2007.
