Tikehau IM, the Paris-based asset manager specialising in credit and fixed-income markets, has reported, as of 30 June, over EUR600m of assets under management, on the back of EUR300m inflows during the first half of 2011.
Tikehau IM focuses primarily on three main segments of credit markets: bonds, loans and private debt. The investment vehicles offered are French open-ended funds, currently covering three main strategies (corporate credit allocation, floating rates notes, and subordinated financials bonds), as well as special situations fund and private-debt bespoke solutions.
Within the sole open-ended funds (UCITS) segment itself; Tikehau IM has more than doubled its assets under management, by collecting more than EUR130m.
In the meantime, three new funds are being launched with expected first closing by year-end: Tikehau Special Situations II; TMZ II, a second mezzanine debt fund; and Tikehau Green Real Estate Fund, intended to be invested into sustainable commercial real estate (High Environmental Quality certification and Low-Consumption Building label).
The group is now targeting the objective of exceeding EUR 1bn of assets under management in 2012.
