The fund will co-invest with institutional credit vehicle of Tikehau Capital which poured 70 million euro in the Eltif
Tikehau Capital launched Tikehau European Private Credit (TEPC], a semi-liquid private debt fund for retail investors and accessible outside of French life insurance policies precinct. Tikehau Investment Management will manage the ELTIF 2.0. evergreen vehicle that has the structure of a Luxembourg SICAV and will target healthy European mid-caps (press release). The least ticket amounts to 40000 euros.
Tikehau Capital has more than 50 professionals working in the credit field and 23.3 billion euros of aum (1Q25). Tikehau Capital poured 70 million in TEPC and will co-invest with it through its institutional lending vehicles. The eltif grants permanent access to subscriptions and will disclose its NAV monthly giving The option of monthly subscriptions and quarterly repayments.
“Tikehau Capital helped making private debt a leading asset class in the French life insurance market, raising more than 1.3 billion to date. Building on this experience, we now want to broaden our approach by offering European investors an evergreen semi-liquid fund backed by private debt assets, an area in which Tikehau Capital has had established expertise for many years”, Thomas Friedberger, Deputy Managing Director of Tikehau Capital, said.
Cécile Mayer-Levi, the firm’s Head of Private Debt, added: “Tikehau Capital can rely on a strong European private credit platform and the support of experienced teams in the different countries in which we invest. This local presence allows us to generate a steady flow of high-quality deals with a high level of selectivity, thus offering our investors an attractive risk/return profile.”