Paris-based investment firm Tikehau has opened its first Asian office in Singapore, as it looks to expand its direct investments in the region.
Founded in 2004, Tikehau invests in various asset classes, including real estate and private equity for institutional investors through its offices in London and Paris. With a base in Asia, the firm will directly offer its European and global investment products to Asian investors for the first time, it said in a statement announcing the news.
“The establishment of a presence in Singapore is an important step of Tikehau’s international development strategy,” Antoine Flamarion, the firm’s founder said in a statement. “It will allow the firm to strengthen its relationships with key market players and the business community across Asia while providing further diversity of products to Asian investors with appetite for global exposure.”
Brunu de Pampelonne, chairman of Tikehau’s investment management arm, and Suresh Withana, co-founder of Harmony Capital, a Singapore-based Asian special situations firm, will lead the operations in Asia.
Flamarion further added that a credible regulatory environment and Singapore’s position as the leading business and travel hub accessing all of Asia including Australia were the reasons why the country was chosen as the firm’s regional headquarters.
Tikehau launched its asset management arm, Tikehau Investment Management in 2007, with a special focus on fixed-income products. The company’s investments also include real estate and regulated funds.
In March, the firm launched its first OPCI, a collective real estate investment scheme, with a commitment of €80 million. The portfolio bought with that capital comprises 17 industrial facilities in France, according to the company website.