The joint venture will focus on Asia-focused private assets and investment strategies around them.

Amova Asset Management Co (formerly Nikko Asset Management), the Asian asset management group, and Tikehau Arnova Investment Management, officially started their joint venture operations late last week. 

The JV will focus on developing innovative Asia-focused private assets investment strategies for global distribution.

The firms said the JV – Tikehau Amova Investment Management – has received regulatory approval from the Monetary Authority of Singapore. It is the first JV in Asia between a Japanese and a European-headquartered company in the private assets space. The venture builds on the strategic partnership established in 2024 between Tikehau Capital and Amova AM.

“Investors in Asia and around the world are looking for investment opportunities related to decarbonisation, and we look forward to delivering Tikehau Capital’s unique expertise in these areas,” Stefanie Drews, president and CEO, Amova AM, said. 

Amova dates back to 1959. It has more than $274.3 billion in assets under management. Nikko Asset Management was renamed Amova Asset Management at the start of September last year. Tikehau Capital, which oversaw €52.8 billion ($62.97 billion) of assets (as of 31 December 2025), operates across 17 offices in Europe, Asia, and North America.