LONDON, September 15, 2023 – Proskauer, a leading international law firm, announced today that it advised Tikehau Capital, the global alternative asset manager, on its investment in Anthesis, a leading global pure-play sustainability and solutions firm headquartered in London, on behalf of its funds under management.
This minority investment is made alongside Carlyle, a global investment firm, Anthesis’ employee shareholders and Palatine.
Tikehau Capital’s investment is made through the Group’s private equity decarbonisation strategy*, marking its thirteenth investment to date. Launched in 2018, in partnership with TotalEnergies, the first vintage of this €1.4 billion strategy stands as one of the largest private equity vehicles singularly committed to supporting companies that are driving the decarbonisation of the economy.
In 2022, Proskauer acted as counsel to Tikehau Capital, on its minority stake investment in Probe Test Solutions Limited (PTSL), a leading semiconductor probe card manufacturer. The investment was made via Tikehau Capital’s pan-European growth impact private equity strategy to help PTSL execute their transition to being an industry benchmark on sustainability.
We are 800+ lawyers serving clients from 12 offices located in the leading financial and business centers in the Americas, Europe and Asia. We work with asset managers, private equity and venture capital firms, Fortune 500 and FTSE companies, major sports leagues, entertainment industry legends and industry-redefining companies.
Proskauer has one of the premier global mergers and acquisitions practices. The Firm has advised on some of the most complex M&A transactions across a range of industries, including in the private equity and asset management space.
From fund formations to exits and everything in between, Proskauer provides top-tier legal advice at every stage of the private equity life cycle. Whether structuring funds, negotiating deal terms, navigating the regulatory landscape, or providing innovative tax solutions, our lawyers understand the unique opportunities and dynamics of the industry. Our expert team of leading professionals has diverse experience across industries, disciplines and geographies. We consistently deliver innovative solutions to highly complex challenges across M&A, fund formations, spin-offs, private placements, structured products and other transactions.
*The strategy mentioned in this press release is reserved for professional investors, is no longer open to marketing nor subscription and is managed by Tikehau Investment Management SAS, a portfolio management company approved by the AMF since 19/01/ 2007 under the number GP-07000006. Non-contractual document intended exclusively for journalists and media professionals. The information is provided for the sole purpose of enabling them to have an overview of the transactions, whatever the use they make of it, which is exclusively a matter of their editorial independence, for which Tikehau Capital declines all responsibility. This document does not constitute an offer to sell securities or investment advisory services. This document contains only general information and is not intended to represent general or specific investment advice. Past performance is not a reliable indicator of future results and targets are not guaranteed. Certain statements and forecasted data are based on current forecasts, prevailing market and economic conditions, estimates, projections and opinions of Tikehau Capital and/or its affiliates. Owing to various risks and uncertainties actual results may differ materially from those reflected or expected in such forward-looking statements or in any of the case studies or forecasts. Tikehau Capital accepts no liability, direct or indirect, arising from the information contained in this document. Tikehau Capital shall not be liable for any decision taken on the basis of any information contained in this document. All references to Tikehau Capital’s advisory activities in the US or with respect to US persons relate to Tikehau Capital North America.