Paris-headquartered asset manager Tikehau Capital has been listed on EuronextParis on 7 March.
A total of 70,888,284 shares have been issued with an offering price set at €21 per share.
The company’s market capitalisation on the day of listing amounted to around €1.5bn.
Tikehau Capital was founded in 2004 and manages assets totalling nearly €10bn. It covers private debt, real estate, private equity and liquid strategies (bond management/diversified management and equities).
“We are delighted to list today on Euronext Paris, in a new and important step in the history and growth of Tikehau Capital,” said Tikehau’s co-founders Antoine Flamarion and Mathieu Chabran at the listing ceremony.
“Consolidating our asset management and investment businesses and simplifying our shareholder structure and governance will benefit us as we step up the pace of growth. Listing offers an additional visibility and trust factor for our investor clients.
“We would also like to welcome the Fonds Stratégique de Participations which is joining our shareholder base, and extend warm thanks to all our shareholders, old and new, our partners, and our employees for their support and contributions to the success of this operation.”