TRG’s CEO Nick Rohatyn spoke with Ted Seides, host of the Capital Allocators podcast, for a wide-ranging conversation on his four-decade career in emerging markets and the evolution of the asset class. Drawing on his experience building global platforms across market cycles, Nick reflects on how emerging markets have changed structurally, how capital flows have shifted over time, and why country-level dynamics are increasingly central to investment outcomes.
The discussion explores the limitations of traditional benchmark-driven approaches, the challenges of investing across highly diverse economies, and the implications of a less concentrated global capital environment. Nick also shares perspectives on the importance of flexibility across asset classes and how investors are reassessing risk, liquidity, and diversification in today’s environment.
This episode offers a thoughtful examination of emerging markets and the evolving opportunity set through the lens of long-term experience.
Listen to the full conversation here.