Tikehau Capital, a global alternative asset management group, has opened a new office in Frankfurt and appointed Dominik P Felsmann as Head of Germany, effective 15 March 2021.
The opening of an office in Frankfurt constitutes the firm’s twelfth office globally and further expands Tikehau Capital’s footprint in Western Europe, alongside its offices in Paris, London, Brussels, Milan, Madrid and, most recently, Luxembourg and Amsterdam.
Thomas Friedberger, Co-CIO and CEO of Tikehau Investment Management, says: “We are thrilled to welcome Dominik to Tikehau Capital as we look to build an increasing presence in Germany and the DACH region. What sets Tikehau Capital apart is its global investment capabilities combined with a strong local expertise – Dominik’s deep experience in leveraged finance will be an immediate asset to Tikehau Capital’s commitment to building our franchise in Germany and to our German-speaking clients. His international background along with his extensive network will help us to further strengthen the firm’s footprint in the region.”
Felsmann will be joining Tikehau Capital in March 2021 as Head of Germany. In his role, he will be responsible for deepening local investment origination capabilities and growing the business of Tikehau Capital in Germany, as well as strengthening the firm’s long-standing relationships with German investors. Felsmann brings more than 15 years of experience in the financial industry. Before joining Tikehau Capital, he was Head of Leveraged Finance Germany for ABN AMRO, where he was responsible for building and leading the local Leveraged Finance team since 2017. He previously worked for IKB, HSBC and Commerzbank in their leveraged and acquisition finance teams in Frankfurt and London.
Tikehau Capital sees significant untapped potential in the German direct lending space, a business which the firm has pioneered across Europe. Its client offering in Germany will encompass all of its business segments: Private Debt, Real Assets, Private Equity and Capital Markets.
Having a local presence in Frankfurt further reinforces the firm’s commitment to the DACH region. Tikehau Capital will also transfer staff from its Paris headquarters to support the Group’s development plan in Germany and intends to grow its Frankfurt office by hiring experienced local talent over time.
Tikehau Capital has completed a series of significant investments in Germany, both on the Real Estate side, in offices, hotels, and retail premises in various cities, for a total amount of over €800m, in addition to €800m in total credit exposure which is invested in over 50 companies. Tikehau Capital has been partnering with DWS Group since 2018. Moreover, Tikehau Capital has a diversified German LP base across its asset classes.
