Debevoise & Plimpton LLP has advised Tikehau Capital, a global alternative asset manager, in the final close of its second vintage private debt secondaries fund, Tikehau Private Debt Secondaries II (“TPDS II”), and affiliated vehicles, with over $1 billion in LP equity commitments.

The fund closed above its original $750 million target and more than doubles the size of its inaugural vintage. It attracted a diverse, global investor base, including institutional investors and family offices from Asia, Europe, North America, and South America.

Tikehau Capital is a global alternative asset management Group with €51.1 billion of assets under management, as of 30 September 2025.

For full details, see the official release here.

The Debevoise team advising Tikehau was led by partner Patricia Volhard, and included partners Christopher Dortschy, Jin-Hyuk Jang, Sheena Paul and Marc Ponchione, counsel Julia Ahn, Gary Murphy and Harry Just, and associates Mélia Gbaguidi, Helena Inghelram, Maïssane Jama, Eric Olmesdahl and Daniel Hyun Gu Yeo. Tax advice was provided by partners Cécile Beurrier and Rafael Kariyev, and associate Weichi Liu.