Nikko Asset Management (Nikko Asset Management Co., Ltd. together with its subsidiaries), one of Asia’s asset managers, and Tikehau Capital, the alternative asset management group, announce the incorporation of Tikehau Amova Investment Management Pte. Ltd., their joint venture focused on developing private asset investment strategies.
This milestone follows the partnership between the firms on June 25, 2024, and represents a key step in their commitment to “addressing the demand for private assets in Asia while aligning with secular investment themes.”
Based in Singapore, Tikehau Amova Investment Management Pte. Ltd. was incorporated at the end of 2024, with “a licensing application submitted to the Monetary Authority of Singapore in early 2025.”
The launch of the JV remains “subject to regulatory approval.”
The new entity combines Nikko Asset Management’s extensive regional distribution network and market insights “with Tikehau Capital’s robust expertise in private markets, particularly its established capabilities in Asian private debt and its successful track record in private equity across Europe.”
Initially, the joint venture will leverage Tikehau Capital’s experience to launch an investment strategy dedicated “to decarbonization in Asia, building on the momentum of Tikehau’s Asian private debt strategy introduced in February 2024 in partnership with UOB Kay Hian.”
This joint venture is one of three foundational pillars of “the strategic alliance between Nikko Asset Management and Tikehau Capital, alongside a distribution agreement granting Nikko exclusive rights to distribute Tikehau’s products primarily in Japan and non-exclusive rights in other selected Asian markets, and Nikko’s acquisition of an equity stake in Tikehau Capital below the first statutory disclosure threshold.”
With Nikko managing over “$246.1 billion in assets as of September 30, 2024, and Tikehau overseeing €49 billion (approximately US$51 billion) as of December 31, 2024, the partnership aims to enhance both firms’ global investment capabilities and deepen their presence in the dynamic Asian market.”
As stated in a release:
“This joint venture marks a … step in our collaboration with Tikehau Capital, bringing together our complementary strengths to deliver innovative solutions for Asian investors seeking private asset opportunities. The incorporation of Tikehau Amova Investment Management reflects a decade of expansion in Asia and positions us to drive growth in private markets, leveraging Nikko’s regional expertise and our pioneering approach to sustainable investment strategies.”
The products developed by Tikehau Amova Investment Management will be distributed “through the global networks of both Nikko Asset Management and Tikehau Capital, ensuring broad access to tailored private asset solutions for institutional and individual investors across Asia and beyond.”