TRG launches its first product, a global emerging markets multi-strategy hedge fund.
Special Situations, Singapore & Hong Kong
TRG establishes a special situations capability with the flexibility to invest across illiquid markets including private equity (control and non-control), distressed corporate bonds, direct corporate loans, real estate and publicly listed small capitalization equities. The Firm also opens its offices in Singapore and Hong Kong.
TRG opens its office in Buenos Aires.
Fixed Income, London and Lima
TRG launches its first fixed income fund.
Latin America Private Equity
TRG establishes a dedicated private equity strategy in Latin America.
Asian Infrastructure & Sao Paulo
TRG adds a dedicated infrastructure capability with the acquisition of a 60% stake in Southeast Asian infrastructure specialist CapAsia. The Firm also opens its office in Sao Paulo.
Global Emerging Markets Private Equity
Mumbai & New Delhi
TRG expands its dedicated private equity capability to include Asia and CEEMEA with the acquisition of Citi Venture Capital International (CVCI), one of the largest EM private equity investors globally. The Firm also opens its offices in Mumbai and New Delhi.
TRG opens its office in Seoul.
Public Equities and Timber & Agriculture
TRG launches a beyond-BRIC public equity strategy and adds capabilities in timber and agriculture with the acquisition of GMO Renewable Resources. As part of these initiatives, the Firm expands its presence to include Boston, Rotorua (New Zealand), Hanoi and San Jose (Costa Rica).