Tikehau Capital (Paris:TKO), a global alternative asset management group, and Nikko Asset Management, one of Asia’s largest asset managers, have entered into advanced discussion to form a business and capital alliance.
The strategic partnership would involve Tikehau Capital and Nikko Asset Management entering into distribution agreements in Japan and elsewhere in Asia, as well as establishing a joint venture dedicated to Asian private markets investment strategies.
Within this partnership, Nikko Asset Management would also acquire an equity stake in Tikehau Capital through acquisitions that could increase over time, but which will remain below the first applicable statutory disclosure threshold.
Nikko Asset Management is one of Asia’s largest asset managers, with 219.2bn USD under management.
It is expected that the collaboration would deepen Tikehau Capital’s presence in the dynamic Asian market, capitalizing on Nikko Asset Management’s extensive network and established reputation.
Tikehau Capital is a global alternative asset management group with €42.0 billion of assets under management (at 30 September 2023). The firm has developed a wide range of expertise across four asset classes (private debt, real assets, private equity and capital markets strategies) as well as multi-asset and special opportunities strategies.
Listed in compartment A of the regulated Euronext Paris market (ISIN code: FR0013230612; Ticker: TKO.FP), Tikehau Capital has 757 employees (at 30 September 2023) across its 15 offices in Europe, Middle East, Asia and North America.
Headquartered in Asia since 1959, Nikko Asset Management is one of Asia’s largest asset managers, providing high-conviction, active fund management across a range of equity, fixed income, multi-asset and alternative strategies. In addition, its complementary range of passive strategies covers more than 20 indices and includes some of Asia’s leading exchange-traded funds (ETFs).
Nikko and its subsidiaries employ personnel representing around 30 nationalities, including approximately 200 investment professionals. The firm has a presence through subsidiaries or affiliates in a total of 11 countries and regions. More than 400 banks, brokers, financial advisors and life insurance companies around the world distribute the firm’s products.