TDR Aims For €1.75Billion For Third Private Equity Fund

May 30 2012 | 1:26pm ET

TDR Capital hopes to raise as much as €1.75 billion for its third European-focused private equity fund, 20% less than its last fund.

The London-based firm will begin marketing TDR Capital III in the second half of this year, Bloomberg News reports. Probitas Partners has been hired as placement agent.

TDR raised €2.2 billion for its last fund in 2006.

The private equity firm, which was backed by Tudor Investment Corp. when it was founded by Deutsche Bank veterans Manjit Dale and Stephen Robertson a decade ago, focuses on companies with major presences in Western Europe. Its first fund returned more than 65%.


In Depth

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

Agecroft Partners: Hedge Fund Industry Assets to increase $250B by Summer 2016

Aug 11 2015 | 11:29am ET

Assets will continue to flow into the hedge fund industry despite long-standing...

 

Editor's Note