Paris based boutique Tikehau IM has partnered with Sofiprotéol, a branch of financial group Avril to launch Sofiprotéol Dette Privée.
This private debt fund will support the development of agro-food and agro-industrial companies of all sizes through bullet loans or leveraged acquisition financing.
Sofiprotéol and Tikehau Capital alongside a group of institutional investors have originally financed the fund.
The strategy will have over €100m in AUM at first closing, with a target of €200m in commitments.
Tikehau Capital manages €8.6bn in assets.