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Tikehau opens European private credit fund to wealth managers via iCapital

What's the deal? Tikehau CapitalDealroom has a profile for this one. Try Dealroom → has listed its European private credit strategy on iCapital Marketplace, giving wealth managers across Europe, the Middle East and Africa (EMEA) access to the fund. The French asset manager is using the move to court more capital from wealthy investors.

The details: The Luxembourg-domiciled, evergreen Tikehau European Private Credit Strategy is structured as a European long-term investment fund (ELTIF). It invests primarily in first-lien senior secured debt issued by European companies.

iCapital is a fintech platform connecting wealth advisers and high-net-worth investors with private equity, private credit, and hedge funds. Its clients include private banks, independent financial advisers, and family offices.

Why now? The listing builds on a partnership dating back to 2022, under which iCapital's technology has handled digitised subscriptions, investor onboarding, and lifecycle servicing for Tikehau's products.

Tikehau's fund joins iCapital's existing range of evergreen and ELTIF 2.0 products for eligible EMEA markets.

What they said: "Private credit continues to play an important role in private market allocations, and wealth managers are looking for more effective ways to incorporate these strategies into client portfolios," said Jocelyn Pidoux, head of asset manager solutions EMEA at iCapital.

Thomas Friedberger, deputy chief executive of Tikehau Capital, said the expanded partnership makes "our European private credit expertise more accessible to wealth managers across EMEA through a streamlined digital investment experience."

The signal: Private credit managers are increasingly chasing retail and wealth capital, long dominated by institutional money. ELTIF 2.0 structures and distribution platforms like iCapital are the channel making that shift possible.

Read more: alternativecreditinvestor.com

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