Tikehau IM, Tikehau Group’s regulated, credit-orientated investment management subsidiary, has launched a pan-European leveraged loan fund – the FCT Tikehau Corporate Leveraged Loan Fund.
Launched in early November, the fund’s objective is to invest in senior secured loans made primarily to European private equity sponsored companies in order to support buyout, expansion, and recapitalisation transactions.
The fund has completed a first closing enjoying strong traction amongst European institutional investors looking to increase exposure to the senior leveraged loan market in Europe.
The FCT Tikehau Corporate Leveraged Loan Fund is the latest offering from Tikehau Group’s EUR2.3bn AUM credit investment management platform.
Mathieu Chabran, co-founder and chief investment officer of Tikehau IM, says: “The launch of this new fund reaffirms Tikehau Group’s commitment to being a leading participant in the leveraged loan markets at a time of renewed sponsor-driven, buy-out activity. Leveraged loans are an increasingly popular financial instrument for investors, considering they are senior, secured and provide floating rate exposure.”