Tikehau Capital Launches European Defense Fund with Societé Générale, CNP, and CARAC

Tikehau Capital, in collaboration with Societé Générale Assurances, CNP Assurances, and CARAC Group, has launched a private equity fund named Tikehau Defense and Security. The initiative focuses on bolstering European defense and technological capabilities with an initial commitment of €150 million equally distributed among the collaborating partners. The fund, positioned as an Article 8 fund, aims to target the strategic sectors of aeronautics and cybersecurity due to their market potential and dual civilian-military nature. Notably, Tikehau Capital's existing expertise will guide the fund's investments across primary, secondary, co-investment, and private debt, primarily benefiting European companies. Structured as a Specialized Professional Fund compliant with ELTIF 2.0 regulations, it features an evergreen format with a 99-year lifespan. This structure will make these traditionally institutional investments accessible to individual investors, thanks to the innovative frameworks provided by the collaborating partners. Insights from company executives at Tikehau Capital, CARAC Group, Societé Générale Assurances, and CNP Assurances highlight the fund's role in championing national strategic autonomy in defense and security sectors.