Tikehau Capital, the global alternative asset management group, and Nikko Asset Management have entered into advanced discussion to form a business and capital alliance.
The contemplated strategic partnership would involve Tikehau Capital and Nikko Asset Management entering into distribution agreements in Japan and elsewhere in Asia, as well as establishing a joint venture dedicated to Asian private markets investment strategies.
Within this partnership, Nikko Asset Management would also acquire an equity stake in Tikehau Capital through acquisitions that could increase over time, but which will remain below the first applicable statutory disclosure threshold (5 per cent of the share capital or voting rights).
Nikko Asset Management is one of Asia’s largest asset managers, with $219.2 billion under management.
What they said
Antoine Flamarion and Mathieu Chabran, co-founders of Tikehau Capital, said: "This strategic partnership would be a game-changer for Tikehau Capital in Asia. It would not only expand our global footprint but would also align perfectly with our vision of delivering exceptional value and innovation to our clients. The combined strengths of Tikehau Capital and Nikko Asset Management would undoubtedly create synergies that bring added value to industry landscape in Asia."
Stefanie Drews, President of Nikko Asset Management, said: “We have been looking for a strong partner in the private asset space that fits into our strategic global growth plan. Asia is a critically important market for this asset class, and we are delighted that we are now progressing to this stage with a firm of the calibre of Tikehau Capital, with its long history of excellence and innovation.”