The entity aims to combine the strengths of both companies by offering private equity decarbonisation strategies and other investment approaches, including private credit in Asia.

Amova Asset Management (Amova), a Tokyo-based global asset manager and part of Sumitomo Mitsui Trust Group, and Tikehau Capital, a Paris-headquartered alternative asset management group, have formed a joint venture focused on developing innovative Asia-focused private assets investment strategies for global distribution. Amova will bring competence and relationships across Asian and regional markets The joint venture, Tikehau Amova Investment Management Pte Ltd, has officially started its op