French private equity company Tikehau Capital on Tuesday said it would target more than $71.4bn in assets under management by 2026, thus doubling the volume of its portfolio.
Tikehau added it would also seek to push its return on equity ratio to a mid-teens level by 2026.
Get the week’s top news delivered directly to your inbox – Sign up for our newsletter
Antoine Flamarion and Mathieu Chabran, co-founders of Tikehau Capital, said: “Since its IPO in 2017, Tikehau Capital has delivered significant growth, more than tripling its assets under management and consistently outperforming its targets. This amazing journey is first and foremost a credit to our talented and dedicated teams. Today we embark on a new chapter of accelerated growth and profitability, setting ambitious new targets for 2026. We aim to double the size of our AuM, scaling up our platform and pursuing the expansion of our geographical footprint, while maintaining our performance and generating value for our investors and shareholders.
Thy continue: “Tikehau Capital builds its future success on its unique entrepreneurial culture and strong balance sheet, which serves as a powerful growth compounder. Thanks to our diverse talent base, constant ability to innovate and strong commitment to sustainability, Tikehau Capital will continue to stand out as a strong value-creation generator for all its stakeholders.”
Tikehau Capital is a global alternative asset management group with €34.3 billion of assets under management (at 31 December 2021).
Tikehau Capital 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.
Source: Reuters
Can’t stop reading? Read more
Sports’ Saturday: Top sports news in private equity
Sports' Saturday: Top sports news in private equity Justin Ishbia, founder of private equity firm...
J.C. Flowers to retain control as Jefferson Capital launches $1.1bn Nasdaq IPO bid
J.C. Flowers to retain control as Jefferson Capital launches $1.1bn Nasdaq IPO bid J.C. Flowers...
Apollo and Irth Capital eye Papa John’s in $1.7bn take-private bid
Apollo and Irth Capital eye Papa John’s in $1.7bn take-private bid Apollo Global Management and...