Sofiprotéol and Tikehau Investment Management have launched a private debt fund called Sofiprotéol Dette Privée, which will finance the development of agro-food and agro-industrial companies of all sizes through bullet loans or leveraged acquisition financing.
This financing vehicle will be an addition to those already initiated by Sofiprotéol.
As part of the partnership, Tikehau IM will be able to call on Sofiprotéol’s extensive sector expertise. Financed initially by Sofiprotéol and Tikehau Capital alongside a group of first-tier institutional investors, the fund will have more than EUR100m at the first closing, with a target of EUR200m in commitments.
Mathieu Chabran, chief executive and chief investment officer of Tikehau Investment Management, says: “This partnership is in line with Tikehau Capital’s aim to participate in funding the real economy alongside a recognised industry leader. We are happy to partner with Sofiprotéol in supporting the financing of innovative and value-creating projects.”
Michel Boucly, deputy CEO of Sofiprotéol, says: “The experience, flexibility and reactivity of Tikehau IM’s private debt team are decisive factors in the success of the Sofiprotéol Dette Privée fund and for making it a recognised tool for financing the agro-food sector which also complements Sofiprotéol’s existing means of financing the French farming industry.”
