TDR Capital

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.?

 
Most Helpful

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.

 

Magnam nihil quibusdam vel voluptatibus. Qui praesentium enim aut esse voluptas aut qui. Enim et ea esse est voluptatem deleniti. Eum quis accusantium aut odit. Ea omnis ipsum rerum sunt. Quidem beatae ad ut itaque natus animi.

Career Advancement Opportunities

March 2024 Private Equity

  • The Riverside Company 99.5%
  • Warburg Pincus 99.0%
  • Blackstone Group 98.4%
  • KKR (Kohlberg Kravis Roberts) 97.9%
  • Bain Capital 97.4%

Overall Employee Satisfaction

March 2024 Private Equity

  • The Riverside Company 99.5%
  • Blackstone Group 98.9%
  • KKR (Kohlberg Kravis Roberts) 98.4%
  • Ardian 97.9%
  • Bain Capital 97.4%

Professional Growth Opportunities

March 2024 Private Equity

  • The Riverside Company 99.5%
  • Bain Capital 99.0%
  • Blackstone Group 98.4%
  • Warburg Pincus 97.9%
  • Starwood Capital Group 97.4%

Total Avg Compensation

March 2024 Private Equity

  • Principal (9) $653
  • Director/MD (21) $586
  • Vice President (92) $362
  • 3rd+ Year Associate (89) $280
  • 2nd Year Associate (204) $268
  • 1st Year Associate (386) $229
  • 3rd+ Year Analyst (28) $157
  • 2nd Year Analyst (83) $134
  • 1st Year Analyst (246) $122
  • Intern/Summer Associate (32) $82
  • Intern/Summer Analyst (313) $59
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”