The Van Damme and Van der Straten Ponthoz families would invest EUR400mn in equity in Tikehau Capital Advisors
‘‘We built this firm by partnering with institutions and families,’’ Antoine Flamarion, co-founder of Tikehau Capital said.
Tikehau Capital, the global alternative asset manager has secured EUR400mn in backing from two of the secretive founding families of the largest brewer Anheuser-Busch InBev to help power the next stage of the EUR38bn alternatives manager’s international expansion. The Van Damme and Van der Straten Ponthoz families would invest EUR400mn in equity in Tikehau Capital Advisors, the main shareholder in a publicly traded firm covering private debt, private equity, real assets, and capital markets strategies. The funding will come through SFI, a subsidiary of Patrinvest, a long-term investment vehicle indicating the two InBev families, which has also combined on transactions with Brazil’s 3G Capital and German conglomerate Jab Holdings.
Following the subsequent contract, the Van Damme and Van der Straten Ponthoz families will indirectly own 9.3 percent of Euronext-listed Tikehau Capital. Alexandre Van Damme, the billionaire chair of Patrinvest and a key architect of AB InBev’s acquisition-driven development, and another delegate of the investment firm, Gregory d’Ursel, will join the board of Tikehau Capital Advisors.
‘‘We built this firm by partnering with institutions and families,’’ Antoine Flamarion, co-founder of Tikehau Capital, said in an interview.
The firm aims to build a global champion in the alternative investment area, he added.
Tikehau Capital, a Paris-based firm was founded in 2004 with EUR4mn in assets and has developed as one of Europe’s fastest-growing asset managers in current times. Mathieu Chabran and Flamarion, formerly of Merrill Lynch and Goldman Sachs with vocal ambitions built a ‘Blackstone of Europe.’ Tikehau, named after a Pacific coral island in French Polynesia, was listed on Euronext Paris in 2017 through a reverse amalgamation.
The company’s assets have expanded from EUR10bn at its listing to about EUR38bn at present, with 740 employees across 14 offices. The group has raised funds to invest in cyber technology, defense and aerospace assets, and energy transition companies among other areas. It is targeting EUR65 billion in assets under management through organic growth by 2026.
Mr. Chabran pointed to potential acquisition opportunities in the US and Asia, where Tikehau Capital finds prospects to both raise money from the substantial pools of savings and make investments. The contract arrives as alternatives managers are grappling with higher rates of interest, tighter access to loans, and declining valuations, which the Tikehau founders said was all for the additional purpose to go on the offensive.
The phrase has altered, said Flamarion. Antoine Flamarion – ‘challenge’ of private debt works for Tikehau. Tikehau Capital Advisors owns just over half of Tikehau Capital. Once the transaction is completed, Tikehau Capital Advisors will be two-thirds owned by its management and the residual held by investors including SFI, Singapore sovereign wealth fund Temasek and Morgan Stanley Investment Management.
The firm has EUR3.1bn of equity on its balance sheet and utilizes this to invest alongside customers in each of its strategies. Subject to shareholder approval, Maximilien de Limburg Stirum, executive chairman of Societe Familiale d’Investissements (SFI), will join Tikehau Capital’s supervisory board.
The firm has EUR3.1bn of equity on its balance sheet and uses this to invest alongside clients in each of its strategies. Subject to shareholder authorization, Maximilien de Limburg Stirum, executive chair of SFI, will join Tikehau Capital’s supervisory board. Tikehau’s management and Financiere Agache, a holding company controlled by the Agache company, are also acquiring the Peugeot family’s 6 percent stake in Tikehau Capital Advisors.
The Peugeots, known predominantly for their links to the eponymous car brand, were announced this week as among the key new investors in a contract to take Franco-British investment bank Rothschild & Co private. SFI aims to support Tikehau “to underpin its position as a global leader in its sector”, said Van Damme in a financial statement.