Nikko AM and Tikehau Capital unveil Asia partnership
Nikko Asset Management and Tikehau Capital are establishing a joint venture in Singapore to develop Asia-focused private asset investment strategies.
The first strategy will focus on decarbonization in Asia, and will be distributed by both groups’ global networks . The joint venture is expected to launch by the end of the year, subject to regulatory approval.
As part of the strategic partnership, Nikko Asset Management is also acquiring an equity stake in Tikehau Capital and will distribute its products – including its European direct lending strategy – to selected Asian markets.
Nikko Asset Management is one of Asia’s largest asset managers with $240.1bn under management across a range of equity, fixed income, multi-asset and alternative strategies.
France-headquartered Tikehau Capital is an alternative asset manager with €44.4bn under management across private debt, real assets, private equity and capital markets strategies.
“We are pleased to enter this groundbreaking partnership with Tikehau Capital,” said Stefanie Drews, president of Nikko Asset Management.
“Investors in Asia are increasingly looking for private assets, and partnering with an innovative firm like Tikehau Capital with its distinct advantages in uncovering such investment opportunities in Europe is a perfect fit for our own Global Growth strategy.
“It is also a cultural fit, as Tikehau Capital also brings a considerable expertise in investing in decarbonization, which aligns with our commitment to sustainable investment and stewardship. We look forward to leveraging Tikehau Capital’s expertise and innovation to drive significant growth and opportunities in the Asian market.”
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Antoine Flamarion, Mathieu Chabran, co-founders of Tikehau Capital, and Bruno de Pampelonne, chairman of Asia, said: “We are thrilled to officially launch our strategic partnership with Nikko Asset Management. This collaboration marks a significant milestone for Tikehau Capital in Asia, following 10 years of expansion in the region, with the successive openings of our offices in Singapore, South Korea, Japan and the upcoming opening in Hong Kong.
“With Nikko Asset Management’s extensive distribution network and market intelligence, combined with our robust expertise in private markets, we are well-positioned to enhance our presence and drive growth in this dynamic region. Together, we are poised to create powerful synergies that will contribute to redefine the industry landscape in Asia and deliver exceptional value to our clients.”
Tikehau has established a number of partnerships in Asia to capitalise on growing investor demand for private assets in the region.
In February, it teamed up with Singapore-based brokerage firm UOB-Kay Hian to launch its debut private credit fund in Asia.
And in April, it partnered with Hong Kong-based Flow Capital, a private credit manager focused on Asia Pacific real estate debt investment, to “explore co-investment opportunities” in the region.
