Why TDR Capital: Interviews, Careers, & Portfolio

TDR Capital Overview

TDR Capital is one of the leading private equity firms in Europe. Founded in 2002, TDR usually acquires majority stakes in market-leading and strong European companies with huge potential for growth and displays resilience throughout economic cycles.

TDR has managed 5 European mid-market buyout funds. The firm’s team of professionals manages assets across 4 European mid-market buyout funds from their headquarters in London.

The investment approach of TDR follows a long-term strategy, usually holding investments beyond the industry average. They don’t only invest capital in their portfolio companies, but also offer expertise to help businesses achieve transformational, sustainable, and positive change.

Tudor Capital, Stephen Robertson, and Manjit Dale founded TDR CApital in 2002. Currently, the firm is based in Marylebone, Central London.

TDR Capital AUM

According to TDR Capital’s public site record, the firm has over €15 billion of assets under management.

TDR Capital Interview Process & Questions

Despite the changes in the interview changes for each candidate, the general nature of the process stays the same for the most part. In fact, you can anticipate the following:

• Interview rounds: 4-6
• Initial interviews are supervised by junior professionals, while later rounds are handled by more senior folks
• Unless it’s on-campus or on-cycle recruiting, expect that the entire process will last for multiple weeks

Get ready to answer a mixture of behavioral questions, technical questions, and fit questions when you interview at TDR Capital.

To help you with preparation, I’ve created a Growth Equity Interview Guide. Feel free to check it out.

Why TDR Capital

One of the questions you must prepare for is the “Why this firm” question.

If you’ve met employees at the firm during your networking efforts, make sure to mention them and how their experiences and testimonies helped in choosing their firm.

Also, do your homework and research the firm. You can try listening to interviews with its founders, management team, and investors to get to know them better.

TDR Capital Case Study

Communication skills and technical knowledge are two traits that investment firms highly value. To evaluate these, firms like TDR Capital ask candidates to perform case studies.

Most case studies will have you do financial modeling and investment recommendations. But for junior roles, a cold calling case study may also be part of the process.

Check out my Growth Equity Interview Guide if you need more help regarding case studies.

TDR Capital Salary & Compensation

According to Glassdoor, analysts at TDR Capital have earned salaries of $84,000 per year, while there’s no recent data for associates. Actual figures may vary depending on several factors.

Analyst

TDR Capital Careers, Jobs, & Internships

View open roles at TDR Capital inside our job board where we also feature all open roles for similar firms.

TDR Capital Portfolio & Investments

As per Crunchbase, TDR Capital has made 7 investments and manages 6 funds. Some of their notable deals include CarNext.com, G-P/Globalization Partners, and Popeyes Louisiana Kitchen UK.

Notable Transaction: Bud

Bud is a financial AI company which differentiated itself in the market by providing a very accurate picture of their customer’s finances by analyzing and understanding “messy” transaction data.

In June 2022, Bud secured $80 million from a Series B funding. The largest investor was Bellis Phantom Holdco Ltd. which is an indirect affiliate of funds managed by TDR Capital. Existing investors participated such as Outward VC.

The Series B funding shows the value of Bud’s tech – which is based on transnational AI models that allows financial institutions to automate lending decisions and personalize digital products.

Bud will use the funds to improve their models and accelerate their international expansion.

Bud’s Series B funding followed its $20 million Series A funding round in 2019 – with participation of ANZ, HSBC, and Goldman Sachs.

Next Steps

If you decide to send your application and build your investing career at TDR Capital, I would highly recommend that you check out my Growth Equity Interview Guide first before attending interviews.

Growth Equity Interview Guide helps professionals get a good grasp of topics that are typically covered during interviews such as financial modeling, case studies, and more. Check it out and start learning today!