Tikehau Capital, the Paris-based global private equity group, has secured a €400 million ($425 million) capital commitment from the backers of Anheuser-Busch InBev, the world’s largest brewing company and owners of Budweiser, Corona and Stella Artois.
The cash injection will be made via SFI, a unit of Luxembourg-based family office investor Patrinvest, which in turn is owned by the Van Damme and Van der Straten-Ponthoz families, controllers of the Anderlecht, Belgium-headquartered beer giant.
The move, which deepens the ties between the two groups and their respective founders, is aimed at further strengthening the global position of Tikehau, whose focus spans private equity, private credit and real estate investments.
Following the deal, SFI will become one of the largest individual shareholders in Tikehau Capital Advisors, the main shareholder of Euronext Paris-listed Tikehau Capital, with a 9.3% equity stake.
Tikehau, which has some €38.8 billion ($41 billion) of assets under management, made a net profit of €320 million ($340 million) last year.
SFI will be represented on the TCA board of directors by Alexandre Van Damme, chairman of Patrinvest, and Gregory d’Ursel. In addition, the appointment of Maximilien de Limburg Stirum, Executive Chairman of SFI, as a member of Tikehau Capital’s Supervisory Board will be proposed.
Tikehau Capital said SFI’s investment marks a “major milestone” for the French private equity group.
“We have a long-standing relationship of trust and share the same entrepreneurial DNA and common values with its shareholders and leaders,” Antoine Flamarion and Mathieu Chabran, founders and co-directors of TCA, Tikehau Capital’s major shareholder, said in a statement, pointing to SFI’s “proven skills and deep experience” in the investment field.
“SFI’s global reach and multicultural approach will also be unique assets that will help us access new opportunities and accelerate our growth,” they added.
Describing Tikehau as a “leading player in the alternative management field,” Alexandre Van Damme, chairman of Patrinvest, and Maximilien de Limburg Stirum, executive chairman of SFI commented: “We have great respect for Tikehau Capital and its founders’ journey, so it feels natural for us to materialize our relationship, which is almost 20 years old, through a strategic partnership.”