Paris-based alts specialist Tikehau Capital closed its second opportunistic strategy with a focus on European investments, exceeding by four times the amount of its predecessor fund.
The Tikehau Special Opportunities Fund II (TSO II) offering raised €617 million ($728 million) with almost 70% being re-ups from the first special opportunities fund that is managed by a tactical strategies team launched at the end of 2019.
Across various vehicles, the eight-person team has already deployed €450 million over the past 15 months across 18 proprietary and predominantly in off-market transactions.
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