Paris-based Tikehau IM, an asset management unit of Tikehau Capital, has landed 2.1 billion euros ($2.3 million) for its fourth generation of Tikehau Direct Lending (TDL) funds.
The funds will continue to be invested according to Tikehau IM’s strategy to provide a wide range of financing solutions to small and medium-sized enterprises (SMEs).
The new generation of direct lending funds has already committed a total of over $793 million in close to 20 SMEs across Europe.
The fundraising reflects Tikehau IM’s increasingly international investor base, with over 70 percent of its subscribers based outside of France, and over 30 percent outside of Europe.