French private equity firm Tikehau Capital and Germany-based DWS Group GmbH & Co. KGaA agreed to identify and develop various business opportunities, effective immediately.
The companies will launch a joint product that capitalizes on the alternative asset management expertise and platforms of the two companies. They will also work on private equity and non-listed infrastructure opportunities and benefit from deal co-sourcing and co-investment opportunities.
DWS will benefit from Tikehau's subordinated financial debt expertise and will invest in Tikehau's new initiative aimed at pursuing a special situation strategy, and in other Tikehau funds. Tikehau, in turn, will tap into DWS' sustainable and impact investing expertise.
Tikehau also participated in DWS' IPO in March.