Deals & Disputes

Gide advises Tikehau IM and CACEIS Bank France on implementing a new fund of loans to boost the economy

Gide acted on the implementation of FCT Tikehau Corporate Leveraged Loan Fund as counsel to Tikehau IM (management company) and CACEIS Bank France (custodian).
 

This fund, set up on 6 November 2013 on the initiative of Tikehau IM, is one of the first fonds de prêts à l’économie to be created in line with decree dated 2 August 2013 that modified certain investment rules for insurance companies.
 

The fund aims to help finance listed and unlisted companies in the European Union by subscribing to bond issues or by buying up acquisition financing loans for a total amount of EUR 250 million.
 

The Gide team comprised partner Gilles Saint Marc and associate David Aumain.