Nikko Asset Administration and Tikehau Capital are establishing a three way partnership in Singapore to develop Asia-focused personal asset funding methods.
The primary technique will deal with decarbonization in Asia, and will likely be distributed by each teams’ international networks . The three way partnership is predicted to launch by the top of the yr, topic to regulatory approval.
As a part of the strategic partnership, Nikko Asset Administration can be buying an fairness stake in Tikehau Capital and can distribute its merchandise – together with its European direct lending technique – to chose Asian markets.
Nikko Asset Administration is one in all Asia’s largest asset managers with $240.1bn below administration throughout a variety of fairness, mounted earnings, multi-asset and various methods.
France-headquartered Tikehau Capital is another asset supervisor with €44.4bn below administration throughout personal debt, actual belongings, personal fairness and capital markets methods.
“We’re happy to enter this groundbreaking partnership with Tikehau Capital,” mentioned Stefanie Drews, president of Nikko Asset Administration.
“Traders in Asia are more and more searching for personal belongings, and partnering with an modern agency like Tikehau Capital with its distinct benefits in uncovering such funding alternatives in Europe is an ideal match for our personal International Progress technique.
“It’s also a cultural match, as Tikehau Capital additionally brings a substantial experience in investing in decarbonization, which aligns with our dedication to sustainable funding and stewardship. We sit up for leveraging Tikehau Capital’s experience and innovation to drive vital progress and alternatives within the Asian market.”
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Antoine Flamarion, Mathieu Chabran, co-founders of Tikehau Capital, and Bruno de Pampelonne, chairman of Asia, mentioned: “We’re thrilled to formally launch our strategic partnership with Nikko Asset Administration. This collaboration marks a major milestone for Tikehau Capital in Asia, following 10 years of growth within the area, with the successive openings of our places of work in Singapore, South Korea, Japan and the upcoming opening in Hong Kong.
“With Nikko Asset Administration’s intensive distribution community and market intelligence, mixed with our sturdy experience in personal markets, we’re well-positioned to boost our presence and drive progress on this dynamic area. Collectively, we’re poised to create highly effective synergies that can contribute to redefine the business panorama in Asia and ship distinctive worth to our shoppers.”
Tikehau has established quite a lot of partnerships in Asia to capitalise on rising investor demand for personal belongings within the area.
In February, it teamed up with Singapore-based brokerage agency UOB-Kay Hian to launch its debut personal credit score fund in Asia.
And in April, it partnered with Hong Kong-based Move Capital, a personal credit score supervisor centered on Asia Pacific actual property debt funding, to “discover co-investment alternatives” within the area.
