Amundi and Tikehau have created a strategic asset management partnership focusing on private debt management for institutional and retail clients.

Amundi will provide its clients with access to Tikehau’s bespoke product range, which will enable the latter to accelerate the development of its asset management platform, Tikehau IM, targeting all client segments from retail clients to institutional investors and sovereign funds.

The companies will also be able to launch new products marketed under the Amundi/Tikehau brand and will jointly explore future avenues of cooperation in all their areas of expertise.

Under this partnership (and subject to the supervisory authorities’ approval) Amundi will acquire a 12.8% stake in the management company Tikehau IM, in line with long standing partner Arkéa and become a shareholder of Tikehau Capital Advisors, the head structure of the Tikehau group with 7.3% of the capital, alongside its partners and Unicredit.

Yves Perrier, chief executive officer Amundi said, “This partnership is perfectly in line with Amundi's product policy. In addition to its in-house asset management, Amundi will be able to offer products from external partnerships. This agreement reinforces our private debt funds offering, which already represents €4bn ($5.49bn).”

Antoine Flamarion, president and founder of the Tikehau group said, “This agreement marks a major milestone in the development of Tikehau. Together, we will be able to offer many clients bespoke, innovative and high value added products, especially in the private debt area."