Tikehau Capital closes second private debt secondaries fund above target

Tikehau Capital, a global alternative asset manager, is pleased to announce the final close of its second vintage private debt secondaries fund, Tikehau Private Debt Secondaries II (“TPDS II”), and affiliated vehicles, with over $1 billion in LP equity commitments.

The fund closed above its original $750 million target and more than doubles the size of its inaugural vintage.

Launched in 2019, Tikehau Capital’s private debt secondaries platform positions the firm as a pioneer in this rapidly evolving market, which is playing an increasingly significant role in providing liquidity solutions to both LPs and GPs as the private credit industry matures globally.

TPDS II leverages Tikehau Capital’s deep credit expertise and sourcing capabilities to access and underwrite a wide range of secondary transactions across North America and Europe.

The fund attracted a diverse, global investor base, including institutional investors and family offices from Asia, Europe, North America, and South America, and, as of today, has deployed approximately 50% of its committed capital.