UK-based buyout firm TDR Capital has been given a large cash injection enabling it to make follow-on investments in companies it acquired with a €2.2 billion pre-crisis fund, according to people familiar with the matter.

TDR, which owns gym giant David Lloyd and fleet management business LeasePlan, needed more time and money to develop companies housed in its 2007 fund, the firm's second fund. Private equity funds typically have a 10-year lifespan.