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

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...