Tikehau Capital has been selected by Pensioenfonds Detailhandel, the pension fund for the retail sector in the Netherlands, to manage a €100 million ($110 million) impact private debt mandate.
The issuance of the investment mandate follows the pension fund’s decision to allocate around 1 percent of total assets to three managers active in the impact-investing space. The Dutch pension fund invested in Polestar Capital’s circular economy debt fund in early March. Tikehau said it was selected for its pan-European capabilities, combined with its highly regarded impact investing platform and expertise. A third manager will be issued with a mandate focused on emerging markets.
Launched in December 2020, Tikehau Capital’s Impact Lending strategy seeks to contribute to a sustainable European economy by primarily investing in SMEs. The fund held a €100 million ($110 million) first close in February 2021 and was managing €273 million ($301 million) at the end of Dece
