{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/5d72784e408342486f3e10c1/614a4d999c6fe600111d7169?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Private Equity in Asset Backed Businesses - Ben Puddle","description":"<p>It is businesses like T &amp; B Capital that were the inspiration behind me creating The Rodcast and I have been trying to pin down co founder Ben puddle for some time. I was hugely excited when he said he may have some time once they had confirmed the sale of one of their businesses - Aria Resorts which merged this year for £600 million with Away resorts. Not bad for 4 years work and they look set to complete on £1 Billion of transactions by year end.</p><p><br></p><p>In this episode Ben explains;</p><p>The background to T &amp; B Capital and why he and Teddy Andrews moved from investment banking to form this Private Equity firm that focuses on operational real estate and asset backed businesses.</p><p>Why their investing style can be seen as defensive.</p><p>What they mean by cyclical investing and why they invest in certain industries.</p><p>Trends such as Healthcare and social housing.</p><p>The importance of good management/ talent and why it is key in scaling an investment business.</p><p>How his approach to investing would differ depending on the Capital they had at their disposal.</p><p>And Lots more.</p><p><br></p><p>You can find out more about T &amp; B Capital and their portfolio or businesses here https://tbcap.co.uk</p><p><br></p><p>If you would like more information on the property business retreat mentioned in the ad please email me rod@incomethroughproperty.co.uk</p><p><br></p><p>As always a big thank you to www.brickflow.com for sponsoring the episode</p><p><br></p>","author_name":"Rod Turner"}