Ace Aero fund nets new commitment from Crédit Agricole

European asset manager Tikehau Capital’s subsidiary Ace Management set up the Ace Aero Partenaires fund last year, which is focused on helping companies in the aviation industry that have been severely affected by the Covid-19 pandemic. Ace Aero Partenaires fund was first announced last June by Bruno Le Maire, Minister of Economy, Finance and Recovery in France. Airbus, Safran, Thales and Dassault Aviation launched a call for tenders and selected the Tikehau fund and its subsidiary ACE to form the fund. The initial amount raised was €630million – upsized from the €500million planned. That figure has now been boosted by