Investment Associate - Special Opportunities - Tikehau Capital

It is a full-time Investment Associate seat on Tikehau's Special Opportunities (TSO) team in London, posted 1 September 2026. Source

'Special Opportunities' at Tikehau means credit that is hard to get elsewhere. The team invests in both corporate and real estate credit in Europe, 'providing bespoke capital solutions characterised by a scarcity of liquidity, largely across primary markets'. In plain terms: lending to companies and property owners who cannot easily raise money from banks or the bond market, on terms written for the situation, mostly as new money rather than buying existing debt. Source

'Investment Associate' is a deal-team seat. The work: analysing company presentations, models and research to produce investment recommendations; running the models yourself to project cash flows, valuations, credit and recovery analysis and scenario sensitivities; preparing and presenting recommendations to Investment Committee; supporting senior deal-team members in execution and legal workstreams; and helping with internal and external reporting. The advert says the role spans the entire spectrum of special opportunities and, or, real estate credit investment. Source

the record does not map this posting to a named team node at Tikehau Capital, so nothing in our own unit-level figures attaches to it. The advert itself names the team: Tikehau's Special Opportunities (TSO) team, which is the useful fact.

The advert describes TSO as a growing strategy and says the successful candidate will 'make a visible and direct impact on this growing strategy and the Company', taking an active role across the work rather than a narrow slice of it. The team wants someone autonomous, open-minded, team-oriented and proactive, with rigorous analytical skills and a proven aptitude for a challenging environment. Source

Credit and recovery analysis in the responsibilities is the phrase that separates this from a private equity seat. The question a special opportunities associate answers is not 'how much will this business be worth' but 'what do we get back if it goes wrong', which is why the advert accepts backgrounds from buy-side credit and transaction services as readily as from banking.

Tikehau Capital is the employer and the seat is in its London office. The advert gives no description of the firm beyond the TSO strategy itself, so what you can take from the page is that it runs a European corporate and real estate credit business with a special-situations arm that is growing. Source

11 people have held London roles at Tikehau Capital as a whole since 2018. That is a small London office, and the number covers the whole firm, not the Special Opportunities team.

This is a lateral hire with the bar stated: '2-5 years' experience with previous roles in investment banking, buy side credit, private equity or transaction services is required'. Not a student seat. Associate stays in the record because it is the ceiling of junior, and two years is the lower edge of the band, which makes this a realistic first move out of an analyst programme. Source

No application deadline is stated. The board lists the advert as valid through 13 October 2026, which is the listing's expiry rather than a closing date from Tikehau. A seat on a strategy described as growing is open until the person is found, and a small London office hires one at a time, so apply early if you fit.

Profile: 2 to 5 years of experience in investment banking, buy-side credit, private equity or transaction services, required; rigorous analytical skills and outstanding problem-solving; a proven aptitude for a challenging environment; excellent knowledge of the Microsoft Office pack; excellent communication and presentation skills; proficient English required, with another European language advantageous. The advert does not state a degree requirement or say anything about visas. Source

Transaction services is the door most people miss on this list: a Big 4 deals background counts, which is unusual for a buy-side investing seat. If that is you, the thing to show is credit judgement, cash flow projection and recovery thinking rather than audit-adjacent due diligence.