Tikehau Capital opens Tokyo office

The firm said it aimed to gain greater proximity to Japanese financial institutions that have growing appetite for European private markets. The office will be led by Sergei Diakov, a former client manager for Citi Global Markets in Japan, who has 10 years’ experience in the country.

It extends an Asian agenda by Tikehau during the past few years that has included partnerships with real estate investors City Developments and IREIT Global in Singapore, as well as the opening of an office in Seoul. The firm has reportedly received EUR28 million from Korea Scientists & Engineers Mutual-aid Association for a mid-cap private debt fund. 

Tikehau claims to have EUR22 billion in total assets under management across private equity, debt, real estate, and liquid strategies. Its PE business typically invests in a range of EUR10-70 million per deal alongside management teams, entrepreneurs and founding families, who remain majority shareholders. Target sectors span industrials, technology, financial services, and consumer.

Last year, the firm reached a $50 million first close on a Singapore-based early-stage healthcare fund known as TKS1. The joint venture with Sprim Ventures, an investment arm of healthcare firm Sprim Group, will invest up to $5 million per deal in local companies focused on innovations in health tech, including fields related to prediction, diagnosis, and monitoring.

International investors have demonstrated some preference for making permanent appointments in Japan rather than working through a domestic partner due to the more stringent nature of local requirements around GP-LP communications. Recent activity in this vein includes the opening of offices by Ardian, Adams Street Partners, and Pantheon.

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• Topics
• North Asia
• GPs
• Fundraising
• Japan
• Europe
• Appointments