France · Delayed Price · Currency is EUR Tikehau Capital Earnings Call Transcripts
Fiscal Year 2025
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Record 2025 results featured robust growth in deployment, fundraising, and profitability, with net income up 51% year-over-year excluding currency effects. Strategic focus shifts to harvesting, targeting EUR 60 billion AUM and higher margins by 2026, while maintaining disciplined capital allocation and global expansion.
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Record inflows and strong financial growth marked H1 2025, with private equity and credit strategies driving performance. Profitability and AuM rose sharply, supported by global expansion and innovative products, while the firm remains well positioned for future growth.
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The AGM highlighted robust financial growth, international expansion, and a strong focus on sustainability and private wealth solutions. All resolutions, including board changes, compensation, and a higher dividend, were approved. Management addressed shareholder questions on listing rationale, valuation, and strategic direction.
Fiscal Year 2024
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Record fundraising and AUM growth in 2024, with strong performance in credit and private equity, robust cash generation, and a positive outlook for 2025. Real estate remains challenging but offers contrarian opportunities, while sustainability and international expansion continue to drive progress.
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Record H1 fundraising of EUR 3.4 billion and 12% AUM growth were driven by strong private debt, CLO, and international client inflows. Management expects accelerated fundraising and revenue in H2, with robust pipelines in key strategies and continued focus on sustainability and disciplined cost control.