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Capital Markets Strategies

Breaking the benchmark chains

Through our fixed income funds, we invest in High Yield, Investment Grade corporates and Subordinated financials in various open-ended funds and managed accounts. These are mostly in pan-European credit and Asian credit (focused on China, India and Indonesia), Value Quality and Special Situations equity stocks.

Through our equities management business, we manage open-ended funds offering access to flexible, balanced management in the equity and credit markets.

€4.6bn*of assets under management

  • Conviction based management
    Our funds are invested flexibly and dynamically, without benchmark constraints
  • Fundamental investment approach
    Our investment management specialists' strengths lie in the independence of their analyses. We combine macro and bottom-up inputs
  • Disciplined investment process
    With strong proprietary capabilities covering fundamental, relative value and liquidity factors

View our capital markets strategies funds

Rodolfo Caceres

Rodolfo Caceres

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Rodolfo Caceres joined Tikehau Capital in 2008 as Head of Credit Research. Previously, he was a buy-side credit analyst at Fortis Investments in Paris from 2006. He began his career in 2000 in the Colombian Ministry of Finance and Public Credit. He then worked in London between 2001 and 2006, as a buy-side credit analyst at Morgan Stanley and then at Lehman Brothers. He qualified as a Financial Risk Manager in 2005.

Education: Universidad Externado de Colombia (Bogota, Colombia); HEC Paris

Laurent Calvet

Laurent Calvet

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Laurent joined Tikehau Capital in 2013 and currently serves as Head of Fixed Income Strategies. Laurent has a decade of prior experience as a Credit Portfolio Manager at Tikehau Capital. He started his career in 2008 at BNP Paribas in Paris as a structured products salesman. In 2011, he joined BNP Paribas’s New York office as a Delta One trader on the North American and Latin American equity markets.

 

Education: Paris Dauphine University, London School of Economics and Political Science

Jean-Marc Delfieux

Jean-Marc Delfieux

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Jean-Marc Delfieux joined Tikehau Capital in 2007 and currently serves as Head of Flexible and Equity Strategies. Previously, he worked at HR Gestion, a French private bank, where he oversaw the Fixed Income team and managed a high yield and crossover bond portfolio. He started his career in 1996 at Société Générale in London on the Asset Swap desk and in 1998 he moved to Johannesburg where he was in charge of the euro-rand and South African government debt desks.

 

Education: University of Caen Normandy

Raphael Thuin

Raphael Thuin

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Raphael Thuin joined Tikehau Capital in 2020 and currently serves as Head of Capital Markets Strategies. Previously, he served as Head of Fixed Income Management at TOBAM in Paris, which he had joined in 2014. He began his career in 2005 as a portfolio manager for Topaz Fund in New York. In 2008, he joined the capital markets business of Société Générale, also in New York.

Education:HEC Paris, University of Paris I: Panthéon-Sorbonne

Latest News

29 February 2024

Tikehau Capital launches Tikehau European Sovereignty Fund, a thematic equity fund dedicated to investing in European sovereignty

16 January 2024

Tikehau Market Insight: Thomas Friedberger, Deputy CEO & Co-CIO of Tikehau Capital gives our views on the current state of the market

12 October 2023

Read Tikehau Capital latest CIO Letter authored by Thomas Friedberger, which examines the issues surrounding European sovereignty.

18 September 2023

CIO Outlook – A glimpse into 2024

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