Tikehau: €2.2bn Returned to Clients Year-to-date, With a Solid Momentum Across Activities Heading Into Q4
PARIS--( BUSINESS WIRE)--Regulatory News:
Tikehau (Paris:TKO):
TIKEHAU ASSET MANAGEMENT
BALANCE SHEET
OUTLOOK
‟ We returned €2.2bn to our clients over the first nine months, including €1.1bn in the third quarter alone, and crystallized strong outcomes across the platform, from Aubert & Duval to the full liquidation of our third Direct Lending vintage. Real Assets and Credit Secondaries continued to gain momentum, and our deployment remains disciplined in a market that rewards selectivity. With Private Equity transactions and exits already signed and an active fundraising pipeline, we enter the fourth quarter with positive developments. Our objective is unchanged: deliver profitable AuM growth and long-term value for our clients and shareholders.”
Antoine Flamarion and Mathieu Chabran – co-founders of Tikehau
€51.7bn
AuM as of
30 Sept. 2026
+3% y-o-y
at constant perimeter
€3.4bn
Deployed
year-to-date
€1.1bn
in Q3 2026
€1.9bn
Realized
year-to-date
€0.8bn
in Q3 2026
€2.2bn
Returned to LPs
year-to-date
€1.1bn
in Q3 2026
€2.2bn
Raised
year-to-date
€0.5bn
in Q3 2026
1. Tikehau Asset Management
1.1. Operating highlights
1.1.1 Deployment
Financial Table Not Included
1.1.2 Realizations
Financial Table Not Included
1.1.3 Net new money
Financial Table Not Included
2. Investment activity
- €503m of capital calls and investments, mainly in our Credit and Real Assets strategies and new ecosystem investments, notably one co-investment in a US cybersecurity and defense company
- €(846)m of returns of capital and exits, mainly linked to:
- €(97)m of fair value changes on the remaining portfolio, notably reflecting:
- €45m of positive foreign exchange effects, linked to the appreciation of the USD, GBP and SGD against the EUR
3. Appendices
Assets under Management
Financial Table Not Included
Investment portfolio fair value breakdown (€bn)
Financial Table Not Included
Investment portfolio fair value evolution (€m)
Financial Table Not Included
Financial calendar
25 February 2027
FY 2026 results (before market open) – Management presentation to be held
22 April 2027
Q1 2027 announcement (after market close)
28 April 2027
Annual General Meeting
29 July 2027
2027 half-year results (after market close) – Management presentation to be held
21 October 2027
Q3 2027 announcement (after market close)
About Tikehau
Tikehau is a global alternative asset management group managing €51.7bn of assets (as of 30 September 2026). The Group has developed a wide range of expertise across four asset classes: Credit, Real Assets, Private Equity, and Capital Markets Strategies. Capitalizing on its strong equity base (€3.2 billion as of 30 June 2026), Tikehau invests its own capital alongside its investor-clients. The Group is guided by a strong entrepreneurial spirit and DNA, shared by its 672 employees (as of 30 September 2026) across 17 offices in Europe, Asia, and North America.
Disclaimer
This document does not constitute an offer of securities for sale or investment advisory services. It contains general information only and is not intended to provide general or specific investment advice. Past performance is not a reliable indicator of future earnings and profit, and targets are not guaranteed.
Certain statements and forecasted data are based on current forecasts, prevailing market and economic conditions, estimates, projections and opinions of Tikehau and/or its affiliates. Due to various risks and uncertainties, actual results may differ materially from those reflected or expected in such forward-looking statements or in any of the case studies or forecasts. All references to Tikehau’s advisory activities in the US or with respect to US persons relate to Tikehau Capital North America.
1 Figures have been rounded for presentation purposes, which in some cases may result in rounding differences.
2 At constant perimeter, excluding the change in scope related to the disposal of an 80% stake in Homunity and Opale Capital, representing €1bn of AuM and Fee-Paying AuM.
3 Generated between 1 January 2023 and 30 June 2026.
4 Including cash and cash equivalents and undrawn Revolving Credit Facility.
5 At constant AuM for Capital Markets Strategies vs. 30 September 2026.
6 Please refer to press release dated 23 October 2025.
7 Amounts available for investment at the level of the funds managed by the Group.
8 Including flagship vehicle, bespoke mandates and side vehicles.