Key figures

 

Weighted average management fee rate

The weighted average management fee rate is an indicator that enables the Group to monitor the evolution of its revenue generation in relation to its assets under management. The solid increase in the weighted average management fee rate reflects the evolution of the Group's business.business mixto asset classes with a higher return profile.

                

Fee-related earnings

Les fee-related earnings (FRE) correspond to operating income from asset management activities, excluding performance fees and carried interest, and enable us to measure the profitability of the Group's asset management activities in relation to management fees alone.

The strong growth in this indicator reflects the Group's strong operating leverage, with revenues rising faster than the increase in the cost base.

Tikehau Capital has set itself the target of raising over 250 million euros in sales. fee-related earnings by 2026.