French Asset Manager Tikehau Launches Asia Private Debt Fund (1)

French asset manager Tikehau Capital SCAwill launch its debut private credit fund in Asia, partnering with UOB-Kay Hian Holdings Ltd.to take advantage of the Singaporean firm’s local knowledge.

Both companies will invest $50 million each in the venture to finance mid-sized corporates. Singaporean state-owned investor Temasek Holdings Pte is one of Tikehau’s shareholders.

“There is no secret sauce, but you need boots on the ground,” Antoine Flamarion, the firm’s co-founder, told Bloomberg Television on Wednesday. “Throwing money and lending money to companies is very easy, but what you need to do is deliver good returns for your ...