Date
30 March 2017
Temasek now holds a stake of more than 5 percent in Tikehau Capital Advisors. Photo: Bloomberg
Temasek now holds a stake of more than 5 percent in Tikehau Capital Advisors. Photo: Bloomberg

Temasek buys stake in French investment firm Tikehau

Singapore’s state-owned investment firm Temasek Holdings Pte has invested in French asset manager Tikehau Capital Partners as part of its expansion in Europe.

Temasek joined other investors injecting a combined 510 million euros (US$567 million) into Tikehau Capital Partners and its holding company, Bloomberg reports, citing a statement from the Paris-based firm.

Temasek now holds a stake of more than 5 percent in the holding company, Tikehau Capital Advisors.

Another new investor buying a stake in Tikehau Capital Advisors is French investment company FFP, the family office of the Peugeot clan, according to the statement.

They join existing holders including Amundi SA and Credit Mutuel Arkea SA.

– Contact us at [email protected]

RA/CG

EJI Weekly Newsletter

Please click here to unsubscribe