Paris-based asset manager Tikehau Capital has today listed on the Euronext Paris exchange with an offer price set at €21 per share and a market capitalisation of around €1.5 billion.
Tikehau, named after a coral atoll in the Pacific Ocean, has around €10 billion in assets under management and invests in private debt, real estate, private equity and liquid strategies.
The firm has offered to buy shares in its subsidiary Salvepan in exchange for shares in the newly-listed Tikehau Capital.
“Consolidating our asset management and investment businesses and simplifying our shareholder structure and governance will benefit us as we step up the pace of growth,” said company co-founder Antoine Flamarion at today’s listing ceremony.
“Listing offers an additional visibility and trust factor for our investor clients.”
Tikehau Capital has more than 170 employees in offices in Paris, Brussels, London, Milan and Singapore.
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