Any insights into TDR Capital? Feels like they are one of the big hitters in Europe (Asda, LeasePlan, EG Group) despite small fund sizes (current fund €3.5bn) but haven't heard much about them...
Anyone knows much about investment philosophy, setup, culture, hours, comp, etc.?
| +95 | Sr Asso / VP Unemployment Check-in | 58 | 4h | |
| +35 | What did you do after signing? | 12 | 16h | |
| +25 | Resume Gap after 2.5 Years in PE | 5 | 2d | |
| +23 | PE Recruiting From IB- Play It Safe Or Reach For Best Fund Possible? | 11 | 5h | |
| +21 | Public company LBO | 7 | 2d | |
| +20 | Vista Lateral Associate | 12 | 4d | |
| +19 | PE / IB in NYC from Cambridge compared to US colleges | 9 | 7h | |
| +18 | VP HF Lateral to PE | 1 | 3d | |
| +16 | How Technical Are You / Most People Really? | 3 | 3d | |
| +16 | Management Meeting Dynamic | 3 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Heard they have solid returns, smart team. Very high levels of GP commit vs regular funds.
I have worked with them on one deal. They have a fairly concentrated potfolio and similarly to Apollo focus on injecting the least amount of equity (thus often looking at businesses trading at lower multiples) - which explains why they can be doing big deals with small funds.
Their perfomance has been quite good on MoMs but IRRs have been less good given that they have been holding to some assets for "too long" (Algeco for instance). They like to do a deal, do a dividend recap so they don't have any cash equity in the business anymore and just let it ride for the upside.
I think they also bought the pub they go to on Fridays which I find really funny.
These guys work hard but nothing insane to be honest, turnover seems low and people where pretty happy - so I would assume that comp has to be decent.
Indeed they did - The Coachmakers Arms in Marylebone. Pretty much next door to their office I think.
For reference for anyone interested:
I can second this as I bought into their fund last year which still had Algeco in it for 50 cents on the dollar.
If their performance is decent, how come you got such a big discount?
These MFs need to IPO and deliver EG Group lol before it accounts for 10% of the entire European leveraged credit market
Eum inventore autem sint alias. Minus consequatur est dolores. Corrupti ullam reiciendis voluptate et dolorem quidem. Quia eligendi voluptatem nemo enim autem consequuntur eos. Debitis ex iure iste.
Ipsa maxime quae nisi velit ad at aut. Laudantium incidunt est alias accusamus vel. Libero cumque ratione eius. A molestiae molestiae amet accusamus quidem.
Et nemo voluptatem hic dolorem esse alias. Cumque et in iste voluptas est. Expedita dolorum sit nisi reiciendis esse cumque.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...