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

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Moore Capital PM Fired After Raucous Hamptons Party

Jul 7 2016 | 10:47pm ET

A portfolio manager for Louis Bacon’s $15 billion hedge fund Moore Capital Management...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...