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Tikehau and UOB Kay Hian partnering on private credit as interest continues to grow

Joan Ng

Joan Ng

Published Wed, Feb 28, 2024 · 08:00 AM
    • Antoine Flamarion (left) and Mathieu Chabran, co-founders of Tikehau Capital, hope to be among the early movers in Asia's private credit space.
    • Antoine Flamarion (left) and Mathieu Chabran, co-founders of Tikehau Capital, hope to be among the early movers in Asia's private credit space. PHOTO: ROBERTO FRANKENBERG

    ALTERNATIVE asset manager Tikehau Capital and brokerage UOB Kay Hian (UOBKH) have joined forces to launch a private credit fund, becoming the latest in a growing list of companies that are cutting deals to enter a fast-growing space.

    Both sides have committed US$50 million each to the fund, which will focus on providing financing to mid-sized companies in Asia-Pacific.

    Market sources said the fund is targeting an initial size of US$300 million.

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    Private creditUOB Kay Hian

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