Nikko Asset Management and Tikehau Capital Finalise Strategic Partnership in Asia
Nikko Asset Management (Nikko Asset Management Co., Ltd. together with all of its subsidiaries), one of Asia’s largest asset managers with US$240.1 billion in assets under management, has finalised a strategic partnership in Asia with Tikehau Capital, the global alternative asset management group, effective on 25 June 2024. The partnership encompasses three key components designed to enhance both groups’ global investment capabilities and presence: a distribution agreement, a joint venture, and Nikko Asset Management taking an equity stake in Tikehau Capital. This partnership agreement follows the earlier announcement about the commencement of discussions between the two groups.