TRG launches its global emerging markets asset management business.

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 office in Singapore.

TRG opens its office in Buenos Aires.

TRG establishes its fixed income strategy, and opens its offices in London and Lima.

TRG establishes a dedicated private equity strategy in Latin America.

TRG opens its office in Sao Paulo.

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 establishes 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).