Tikehau Capital Sca · EURONEXT:TKO

Tikehau Capital Sca — Tikehau Capital — Q1 2020 Earnings Presentation

18 slides from Tikehau Capital Sca's earnings presentation, May 14, 2020

  1. Slide 1: Tikehau Capital Q1 2020 AUM

    TIKEHAU CAPITAL Q1 2020 AUM 14 MAY 2020 KK) TIKEHAU

  2. Slide 2: Disclaimer

    DISCLAIMER By viewing or receiving or reading this Presentation (as such term is defined herein) or attending any meeting where this Presentation is made, you agree to be bound by the limitations, qualifications and restrictions set out below: The existence and content of the presentation that follo

  3. Slide 3: Disclaimer

    DISCLAIMER This Presentation includes certain IFRS pro forma financial information about the Group. This pro forma financial information has been prepared on the basis of historical financial statements of the Company but has not been audited by the Group's auditors. The pro forma financial informat

  4. Slide 4: Q1 2020 Highlights

    Q1 2020 HIGHLIGHTS Solid momentum in a troubled context y €25.4bn of Group AuM at end-March 2020, +13.7% over 12 months and -1.5% over Q1 y Asset management activities recorded +€500m of net new money in Q1 y Group funds recorded limited mark-to-market effects as a result of a prudent capital deploy

  5. Slide 5: Strong AuM progression over 12 months

    STRONG AUM PROGRESSION OVER 12 MONTHS y Strong €4.5pn Group fundraising has driven a +13.7% Group AuM growth over the last 12 months y Solid momentum in Asset management activities with €3.9on fundraising leading to +12.5% AuM growth Group AuM evolution (LTM) Asset Management AuM evolution (LTM) +13

  6. Slide 6: AuM resilience over Q1 2020

    AUM RESILIENCE OVER QI] 2020 y Q1 AuM evolution marked by +€500m in Asset Management fundraising... y... Offset by distributions and negative market effects Group AuM evolution (Jan-Mar 2020) AM AuM evolution over (Jan-Mar 2020) pon “1.5% my ms 0,89 oy ‘ + 25.8 104 ___ 25.4 23.6 +0.5 23.4 a —_ (0.2)

  7. Slide 7: Group AuM by asset class

    GROUP AUM BY ASSET CLASS Rebalancing of Group AUM under way, with an enhanced fee-paying profile Group AuM breakdown at end-Q1 2020 Solid visibility on management fee generation y Qi market effects do not impact significantly Direct Investments, the Group’s management-fee generation €2.0bn model thr

  8. Slide 8: AuM evolution by asset class (AM perimeter)

    AUM EVOLUTION BY ASSET CLASS (AM PERIMETER) Real Estate Private Debt 31-Mar-19 31-Dec-19 31-Mar-20 Private Equity €bn 31-Mar-19 31-Dec-19 31-Mar-20 ‘| 7 ) Q1 2020 AUM PRESENTATION a Tikehau Capital 70 €bn 31-Mar-19 31-Dec-19 31-Mar-20 Capital Markets Strategies €on 31-Mar-19 31-Dec-19 31-Mar-20

  9. Slide 9: +€500m fundraising in Asset Management

    +€500M FUNDRAISING IN ASSET MANAGEMENT A fundraising performance broadly in line with Q1 2019 Asset management fundraising by quarter, and asset class Q1 2020 highlights V7 y As expected, Q1 was a quiet quarter for fundraising in Private debt, ahead of the launch of TDL V y Positive momentum for Sof

  10. Slide 10: Update on portfolio valuations

    UPDATE ON PORTFOLIO VALUATIONS The Group is a long-term investor, well positioned in the current context Y The Group use |PEV standards to proceed to quarterly valuations within funds Our closed-end funds have durations up to 10 years Y Y The vast majority of our flagship funds are in their investme

  11. Slide 11: Planned acquisition of Star America

    STAR AMERICA INFRASTRUCTURE PARTNERS PLANNED ACQUISITION OF STAR AMERICA Exclusive negotiations to acquire Star America Infrastructure Partners Snapshot on Star America Infrastructure Partners Independent asset manager founded in 2011 by two. entrepreneurs: Bill Marino and Christophe Petit Active in

  12. Slide 12:              

                             

  13. Slide 13: Tikehau Capital keeps moving forward

    TIKEHAU CAPITAL KEEPS MOVING FORWARD Since 31 March, the Group has been and will remain active y New initiative with retail clients, with the launch of an ELTIF fund with Banca March in Spain offering their private clients an access to private equity investment solutions focused on energy transition

  14. Slide 14: Investment case

    INVESTMENT CASE A fast-growing alternative asset manager using its strong balance sheet as a growth and profit accelerator Strong commitment to ; . Structural tailwinds for . Strong alignment of sutainably finance the : interests, at the heart of alternative assets real economy Tikehau Capital’s DNA

  15. Slide 15: Confirmation of Group's mid-term guidance

    CONFIRMATION OF GROUP’S MID-TERM GUIDANCE The Group is on track to deliver its organic guidance >€35bn of total AUM by 2022 of operating profit for Asset Management >€100m activities by 2022 0 of investment portfolio comprised of 65-75% investments within Tikehau Capital funds 0 run rate return on c

  16. Slide 16: Q&A session

    IW) Q1 2020 AUM PRESENTATION Tikehau Capital Q&A session

  17. Slide 17: Contacts

    CONTACTS Paris 32, rue de Monceau 75008 Paris FRANCE, Phone: +33 1 40 06 26 26 Madrid Calle de Velazquez 98 28 006 Madrid SPAIN Phone: +34 91 048 1666 New York 412 West 15th St. 18th Floor New York, NY 10011 UNITED STATES. Phone: +1 212 922 3734 Singapore 8, Marina View #15-07A Asia Square Tower 1 S

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