ADIA Unit Supports Tikehau Capital’s $1.17 Billion Raise
Deal News | Jul 08, 2025 | Zawya

A subsidiary of the UAE's wealth fund, ADIA, has led a significant capital raise amounting to 1 billion euros ($1.17 billion) for Tikehau Capital’s continuation fund focused on Egis, a company keen on addressing climate change through smart infrastructure and buildings. Joining this raise are notable investors from the US, including Apollo S3 and Neuberger Berman. Tikehau Capital, which first acquired a controlling stake in Egis from Caisse des Dépôts et Consignations (CDC) in January 2022, manages assets worth €50.6 billion. The raised capital is poised to usher in new M&A opportunities, especially in North America, as Egis expands and strengthens its decarbonisation strategy.
Sectors
- Alternative Asset Management
- Infrastructure
- Private Equity
Geography
- United Arab Emirates – Home to ADIA, which is a leading investor in this capital raise.
- France – Base of Tikehau Capital, French alternative asset manager spearheading the capital raise for Egis.
- United States – The origin of major investors Apollo S3 and Neuberger Berman involved in the deal.
Industry
- Alternative Asset Management – Involves entities like Tikehau Capital managing financial assets that may not fall into conventional investment categories.
- Infrastructure – Egis is involved in the design and operation of smart infrastructure, responding to climate change needs.
- Private Equity – The investment initiatives by Tikehau Capital and the firms involved represent Private Equity investments, targeting growth in Egis.
Financials
- $1.17 Billion – Total capital raised by Tikehau Capital's fund targeting Egis.
- €50.6 Billion – Assets under management by Tikehau Capital.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| ADIA | Lead Investor | Company | A subsidiary of the UAE's wealth fund participating in the capital raising. |
| Tikehau Capital | Asset Manager | Company | French alternative asset manager overseeing the $1.17 billion capital raise. |
| Egis | Portfolio Company | Company | Designs smart infrastructure solutions to address climate change. |
| Apollo S3 | Investor | Company | US-based investor participating in the fundraise. |
| Neuberger Berman | Investor | Company | American private equity firm involved in backing the capital raise. |
| Caisse des Dépôts et Consignations (CDC) | Seller | Company | Former owner of Egis from whom Tikehau Capital acquired a controlling stake in 2022. |