TR Capital leads the Asia market as a pioneering secondaries specialist.
TR Capital focuses on providing liquidity solutions to owners of private equity assets through Secondary Direct (single asset) and Fund Restructuring (portfolio) transactions. The firm makes significant minority investments, with meaningful control rights and strong board representation. Portfolio companies are high quality, innovative, mid-market Asian companies in the Technology, Consumer, Healthcare and Financial Services sectors. We are active investor/shareholders and work with our portfolio companies to optimize their business models and capital structures.
TR Capital currently manages four funds with capital commitments of USD 700 million. The firm’s sophisticated investor base includes pension funds, sovereign funds, funds of funds, financial institutions, entrepreneurs and family offices. Since its founding in 2007, TR Capital has executed 33 transactions and built a solid track record with TR Capital I (2008), TR Capital II (2012), TR Capital III (2016) and TR Capital IV (2019).
TR Capital’s 20 professionals are based in offices in Hong Kong, Shanghai and Mumbai. We are management-owned and independent.