Tuesday, 21 October 2014
Last updated 14 min ago
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%.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...