Tikehau Capital: AuM up 13% in H1

(CercleFinance.com) - Alternative asset management company Tikehau Capital saw its assets under management rise by 13% in the first half, reaching E45.
6bn at 30 June.

The group claims to have generated a 'record' level of net inflows for H1, with E3.4bn of new money raised, around 75% of which came from international clients.

In H2, Tikehau also expects an acceleration in inflows, thanks to solid commercial and transactional momentum.

Its medium-term outlook is also confirmed, with the company still aiming to reach over E65bn in assets under management by 2026.

The group also explains that it is targeting a return on equity of around 15%, boosted by net income, group share, of around E500m.

Following this publication, the share was down over 3% in late morning trading.

In a reaction note, analysts at RBC highlighted a disappointing operating result for the asset management division, at E51.4m for H1, against consensus expectations of E66m.


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