News on Medial

TR Capital sees over $200 mn annual investment opportunity in India

Livemint · 1y

Hong Kong-based TR Capital plans to invest over $200 million annually in India, as it sees immense opportunities in the country's market. With an average ticket size between $30 million and $100 million, TR Capital's portfolio is already 50% focused on India. The firm specializes in secondary investments and manages about $1.5 billion across four funds. TR Capital's managing partner Frédéric Azemard highlighted the potential in the secondary market as more new-age companies go public in India, expanding the opportunity for liquidity. Other global investors, including Pantheon Ventures and HarbourVest Partners, also see potential in the Indian economy.