Tikehau Capital Unveils €150 Million Defense & Security Fund to Boost Europe’s Sovereignty

Tikehau Capital Unveils €150 Million Defense & Security Fund to Boost Europe’s Sovereignty

(IN BRIEF) Tikehau Capital, in partnership with Société Générale Assurances, CNP Assurances, and the CARAC Group—and with backing from the French Ministry of Defense and the DGA—has introduced Tikehau Défense et Sécurité, a €150 million Article 8 fund dedicated to strengthening Europe’s defense and security sectors. This unlisted unit-linked product, initially exclusive to its founding insurers until September 2026, will later be accessible to other insurers and professional investors, including individual policyholders. Drawing on Tikehau’s deep expertise and a specialized 30-person team, the fund will invest across private equity and debt, focusing on aeronautics and cybersecurity—sectors prized for their dual civilian-military applications. Structured as an evergreen Specialized Professional Fund under ELTIF 2.0, TDS offers bi-monthly liquidity windows and aims to democratize access to strategic-sector investments while fostering national and European strategic autonomy.

(PRESS RELEASE) PARIS, 16-Jun-2025 — /EuropaWire/ — Société Générale Assurances is delighted to announce our participation in the launch of Tikehau Défense et Sécurité (TDS), an Article 8 unit-linked fund initiated by Tikehau Capital with an initial €150 million commitment equally shared among three leading insurers. By joining forces with Tikehau Capital, CNP Assurances, and the CARAC Group—under the aegis of the French Ministry of Defense and the Directorate General of Armaments—we aim to strengthen Europe’s defense and security industries, drive job creation, and reinforce technological sovereignty.

TDS is the first unlisted vehicle entirely dedicated to defense and security investments accessible via life-insurance wrappers. As one of the founding insurers, Société Générale Assurances will have exclusive marketing rights within our policies until September 2026. From that point onward, the fund will be offered to other insurers and opened to all professional investors, including individual policyholders seeking to diversify their savings in strategic sectors with attractive return potential.

Drawing on Tikehau Capital’s private equity and debt expertise—and the specialized insights of its 30-member aerospace, defense, and cybersecurity team—TDS will invest across primary, secondary, and co-investment opportunities in European companies, with a modest allocation to private debt. Structured as a Specialized Professional Fund under ELTIF 2.0, TDS adopts an evergreen format with a 99-year lifespan and bi-monthly subscription and redemption windows, democratizing access to assets traditionally reserved for institutions.

“We are proud to broaden our real-asset offerings this September with Tikehau Défense et Sécurité,” said Philippe Perret, Chief Executive Officer of Société Générale Assurances. “This innovative solution allows our clients and partners to participate directly in financing Europe’s defense and security champions. It underscores Société Générale’s commitment to supporting strategic industries and delivering new diversification avenues for savers.”

By channeling capital into high-potential aeronautics and cybersecurity firms—sectors crucial to both civilian and military markets—Société Générale Assurances and its partners will help nurture tomorrow’s European leaders while promoting economic dynamism across France and beyond.

Media Contact:

Société Générale Assurances
Fanny Rouby
+33 1 57 29 11 12
fanny.rouby@socgen.com

SOURCE: Societe Generale