Tikehau-backed Ace Aerofondo IV raises €100m

The fund was launched with a target of €150-200m.

Established in 2000, Ace is a private equity firm specialised in strategic industries and technologies, including aerospace, defence and cybersecurity, with more than €1bn in assets under management (AUM).

The firm has offices in Paris, Toulouse and Montreal, and benefits from the worldwide presence of Tikehau Capital.

Tikehau is an alternative asset manager with €29.4bn in AUM, specialised in private debt, real assets, private equity and capital markets, as well as multi-asset and special opportunities strategies.

Investors
Ace Aerofondo IV has received commitments from Tikehau; Sepi, the investment arm of the Spanish government; Airbus, a global player in the aerospace industry; and Indra, a Spanish defence systems specialist.

Tikehau and Sepi both invested €33.3m, while Airbus and Indra invested €28.3m and €5m, respectively.

Investments
Ace Aerofondo IV will invest in lower- and upper-mid-market companies active in the Spanish aerospace and defence sectors.

The fund will target both niche players with the ability to grow organically and consolidation platforms able to become leaders in their markets through external growth.

People
Tikehau Capital – Carmen Alonso (head of Iberia and UK).
Ace Capital Partners – Marwan Lahoud (executive chair).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Funds
• Buyout
• Southern Europe
• Tikehau Capital
• Spain
• France