SPFI-FPIM Awards Recovery Fund Mandate to Tikehau Investment Management

Posted on 09/02/2021

The Federal Holding and Investment Company (SFPI-FPIM) awarded Tikehau Investment Management (part of Tikehau Capital) to manage the Belgian Recovery Fund, which will have an estimated €350 million in assets. This mandate confirms Tikehau Capital’s active role to finance Europe’s economic recovery. The fund will grant subordinated and/or convertible loans over the next five years to companies active in Belgium. The SFPI-FPIM will commit €100 million in the fund, and up to €250 million will be raised from Belgian and international institutional investors. Since the beginning of the COVID-19 pandemic, SFPI-FPIM has injected more than €400 million to support several dozen Belgian companies in its historical investment sectors such as aeronautics and life sciences, which were strongly impacted by the health crisis.

This success is a recognition of the expertise of Tikehau Capital’s local investment teams, led by Edouard Chatenoud, Head of Benelux, which have an established track record in financing Belgian companies.

Tikehau Capital is already involved in several similar initiatives in Europe and this success confirms its role as a key player in financing the economy and the post-COVID recovery.

Keywords: Société Fédérale de Participations et d’Investissement-Société Fédérale de Participations.

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