Tikehau Capital has named Nithin Johnson as executive director of business development. Previously, he worked at Citigroup where he was head of Americas for International Fund Distribution. Johnson is based in New York.
Paris, New York, 4 April 2019 – Tikehau Capital (EPA: TKO), the alternative asset management and investment group, today announced the appointment of Nithin Johnson as Executive Director of Business Development based in New York. Johnson will support the growth of Tikehau Capital’s North American business by developing and strengthening the firm’s relationships in the region.
Nithin Johnson joins Tikehau Capital from Citigroup, where he had been at the New York headquarters since joining in 2010. From 2013, he served as Head of Americas for International Fund Distribution (IFD), the bank’s institutional private markets fund placement business.
At IFD, his team was responsible for curating global funds across private equity, private debt, and private real assets for institutional investor clientele in the US, Canada, and Latin America. The role involved interfacing with over 200 managers and 300 allocators and advising a subset of private markets firms on their long-term competitive positioning as well as product and client strategy.
“Tikehau Capital has one of the most remarkable stories in the industry over their 15 years of growth and an exceptional team that I am delighted to join,” said Johnson. “Its long-term outlook, entrepreneurial and partnership-oriented approach with both LPs and GPs, and the extent of alignment with investors through its strong shareholders’ equity and balance sheet supporting the group’s investments makes them an exciting story to share and continue in the Americas.”
Johnson holds an MBA from the University of Oxford. He will continue to serve as a non-executive director at Arcbridge Capital, the investment advisor to the Johnson family office, which principally makes control investments in lower mid-market private and family-run businesses in the U.S.
Johnson will report locally to Tim Grell, Head of Tikehau Capital North America, and to Frédéric Giovansili, recently appointed Deputy Chief Executive Officer of Tikehau IM. Mr. Giovansili’s appointment comes as Tikehau Capital sets two core targets to achieve by 2022: reaching over €35 billion in assets under management, and reporting over €100 million of net operating profit from the asset management activities, over five times the amount recorded in 2018 for this business.
Tim Grell, Head of Tikehau Capital North America, commented: “We are delighted to welcome Nithin to Tikehau Capital’s growing team in New York. His highly valuable industry experience and market knowledge will be an asset as we continue to introduce Tikehau Capital’s differentiated investment expertise to new and potential clients and partners in North America.”
Mathieu Chabran, co-founder of Tikehau Capital said: “It is an exciting time for Tikehau Capital as the proportion of international clients of our asset management activity more than doubled these past three years and as we continue to grow our presence in the American market. We look forward to providing new investors with the opportunity to invest alongside Tikehau Capital across our global alternatives platform, and to benefit from our alternative thinking.”
Tikehau Capital opened its eighth office globally in New York in the summer of 2018. As of 31 December 2018, the total contribution to Tikehau Capital’s assets under management from investors outside of France was 37 percent. In 2018, for the first time in the firm’s history, funds raised from investors outside of France exceeded the contributions from investors based in France.
About Tikehau Capital:
Tikehau Capital is an asset management and investment group with €22.0 billion of assets under management and shareholders’ equity of €2.3 billion (as at 31 December 2018). The Group invests in various asset classes (private debt, real estate, private equity and liquid strategies), including through its asset management subsidiaries, on behalf of institutional and private investors. Controlled by its managers, alongside leading institutional partners, Tikehau Capital employs 430 staff (as at 31 December 2018) in its Paris, London, Brussels, Madrid, Milan, New York, Seoul, Singapore and Tokyo offices.
Tikehau Capital is listed on the regulated market of Euronext Paris, Compartment A (ISIN code: FR0013230612; Ticker: TKO.FP)