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Laxman Pai, Opalesque Asia: The global alternative asset management group Tikehau Capital has raised EUR 617m ($728m) for its second European Special Opportunities fund (TSO II), surpassing the fund's EUR 500m target.
"TSO II thus exceeds initial target by almost 25% and four times the amount raised by its predecessor TSO I," said a press release from the French investment company with €29.4 billion of assets under management.
TSO II has a flexible investment mandate, providing corporate and asset-backed capital solutions across primary and secondary credit markets in Europe, it said.
"The strategy's opportunistic and multi-sector approach enables it to invest through market cycles and macro-economic environments. It is managed by a diverse and experienced team of 8 professionals and draws upon the expertise of the wider Tikehau Capital investment platform across private debt, private equity, real estate, and capital markets," said the release.
Maxime Laurent-Bellue, Head of Tactical Strategies at Tikehau Capital, said: "TSO II exceeded its fundraising target thanks to the support of existing and new LPs and partners, including insurance companies, pension funds, and family offices across 16 countries. Our differentiated strategy is attractive to clients, and they value the expertise of our team and Tikehau Capital's track record of delivering strong risk-adjusted returns. We have a very strong pipeline of opportunities, and we will continue to focus on...................... To view our full article Click here
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