Trio of new European CLOs price at market benchmark
CVC's EUR 403.3m Cordatus Loan Fund XXXIX issued through Morgan Stanley, while Partners' Penta CLO 24 was arranged by Citi and BNP Paribas was responsible for Tikehau CLO XVI

Tikehau looks to develop Asia direct lending product via JV
The French alternative asset manager has struck a joint venture with Amova Asset Management, formerly known as Nikko Asset Management, to solidify its presence in Asia

CLOs price from Polus and Tikehau as Euro market shows signs of vitality
New CLO transactions from Tikehau and Polus have helped maintain this week's momentum to the European CLO market, after a quiet period last week as managers digested the implications of the Iran war and ongoing worries over the impact of AI on software loans

Tikehau sees fertile ground for latest credit secondaries fund amid market tumult
TPDS II closed on over USD 1bn, more than double size of inaugural vehicle; focus is on LP-led credit secondaries, despite market pivot to GP-leds

Tikehau not for sale, 'we see ourselves more as a consolidator' – co-founder
Tikehau co-founder Antoine Flamarion has said the firm sees itself as a consolidator of businesses and has no intention of selling itself to a larger US asset manager

Tikehau raises more than USD 1bn for private credit secondaries
This sophomore fund doubled the size of its predecessor and closed above target

News in brief
Serone Capital Management hires Erika Morris and Wes Seifer, former leaders of Tikehau Capital’s US CLO platform

How direct lending took off in Europe
In the second of our two-part history, we look at the evolution of direct lending in the UK, the sector’s expansion to other parts of Europe, and its growth into a dominant asset class

Tikehau surpasses target on private credit secondaries fundraise
EXCLUSIVE: The latest fund, which has yet to close, has already racked up more than USD 750m

Tikehau issues first repricing of 2018-vintage Euro CLO
As part of the reset, the capital stack for the 2018-vintage deal was consolidated from its previous 11 debt tranches into a straight vanilla capital structure

Tikehau resets 2019 Euro deal on short-dated timetable
Valued at EUR 434.6m, Thursday's transaction priced via Natixis and included a EUR 13.9m equity injection

Tikehau launches semi-liquid private debt fund for broader investor base
The new fund is the first semi-liquid private credit vehicle available to investors other than French life insurance companies

Tikehau’s first European CLO of 2025 prints wider in lower mezz
The French manager’s latest deal exhibited some evidence of weakening demand from mezz investors  

Tikehau in ‘expansion mode’ to compete in the big leagues, mulls European private credit CLO
The French alternatives manager unveils partnership and expansion plans to compete with the alternative giants of the US market  

Tikehau raises EUR 1.2bn for European special opportunities credit
The third vintage fund held a final close, surpassing the fundraising target

Tikehau slashes funding cost on latest Euro reset
Tikehau Capital reset a late-2022-vintage Euro CLO achieving a dramatically lower cost of debt on Friday, as managers rushed to price deals before the holiday season

Tikehau goes short with 1Y/2Y European CLO reset
Originally priced as a 1.5Y/4.5Y issue, a reset of Tikehau CLO IX has shortened the duration to a 1Y/2Y schedule

Tikehau slashes cost of capital with 2022-vintage Euro CLO reset
Tikehau has priced a 2022-vintage European CLO reset that lowers the cost of financing by 100bps via BNP Paribas

Tikehau solidifies European narrowing with new CLO
Tikehau Capital has priced a new EUR 406.2m CLO, reinforcing the European market’s ongoing narrowing of liability spreads

Tikehau prices its first US CLO of 2024
Tuesday saw Tikehau Capital return to US primary market issuance for the first time this year, with a new USD 513m BSL deal

European CLO issuance continues with new Tikehau deal
The end of last week saw Tikehau Capital pricing its first deal in almost four months. According to market sources the new issue CLO was upsized from EUR 400m.

Tikehau teams up with Singapore-based UOB-Kay Hian for Asian private credit fund
Paris-headquartered Tikehau Capital is the latest player to reveal plans to strengthen its footprint in the fast-growing Asian private credit market by way of a partnership with Singapore-based brokerage firm UOB-Kay Hian

Goldman arranges new Tikehau US CLO
French asset manager Tikehau Capital last week priced its second new US CLO of the year in a half-billion-dollar transaction

Opale selects three funds for tactical credit investment strategy
Digital platform for French investors launches first private debt investment strategy

Tikehau Capital announces new head of structured credit
Senior-level appointments at asset manager include a new head of its CLO management business