TR Capital overview
Stories about TR Capital

How to enter China's secondaries market
China’s booming LP-led market is offset by a nascent GP-led market and challenges unique to international investors.

Secondaries players spy opportunity in China reopening
Speaking at the HKVCA’s annual forum, Colin Sau, managing partner of TR Capital, said the firm is increasing its focus on China in 2023 after a slowdown in recent years.
TR Capital expands into mainland China
The Hong Kong-headquartered secondaries firm begins operations at its new Shanghai office.
TR Capital closes second fund
The pan-Asian fund allocates 60 percent of its capital to investments in private equity funds and 40 percent to direct investments.
TR Capital contact information
Offices
Contacts
| Name | Job title | Location | |
|---|---|---|---|
| Key Contact | Job titleVice President, Investor Relations | LocationHong Kong, Hong Kong | Email |
| Key Contact | Job titleManaging Director, Head of Investor Relations and Chief Operating Officer | LocationSingapore, Singapore | Email |
| Key Contact | Job titleVice President, Investor Relations | LocationSingapore, Singapore | Email |
Job titleFounder and Chief Executive Officer | LocationSingapore, Singapore | Email | |
TR Capital fund commitments
Known fund commitments: 4
| Fund | Manager | Commitment date | Commitment size |
|---|---|---|---|
Manager | Commitment dateJan 2023 | Commitment size- | |
Manager | Commitment date- | Commitment size | |
Manager | Commitment date- | Commitment size | |
TR Capital funds managed
Closed funds: 5
| Fund | Fund size | Close date | Strategy |
|---|---|---|---|
Fund size | Close dateJun 2024 | Strategy | |
Fund size | Close dateFeb 2021 | Strategy | |
Fund size | Close dateJun 2017 | Strategy | |
Stories that mention TR Capital
Side Letter: PE's annus horribilis
In today's edition, A sneak peek at 2025 fundraising totals (spoiler alert: it makes for grim reading); Prosecutors are seeking an arrest warrant for one of Asia PE's biggest names; Why GP-leds are on the rise in Asia-Pacific.
Indian market sees improvements in exits and dealmaking
Multiple signs point to a brighter exit and DPI outlook in a historically tricky market.
Secondaries Awards 2024: Asia-Pacific winners
The top secondaries deals, firms, law firms and advisers of the year from the APAC region.
Side Letter: How AI can slash legal fees
A new legal AI platform aims to cut PE legal costs by as much as 80 percent. Plus: GIC has a new CIO; and Hamilton Lane talks tokens. Here's today's brief, for our valued subscribers only.
AlpInvest: LPs are shopping the 'best parts' of their portfolios amid distribution slowdown
AlpInvest chair Ruulke Bagijn and global head of primaries Wendy Zhu tell PEI that the Carlyle secondaries unit is seeing higher quality LP-led opportunities come to market.
APAC GPs warm to continuation funds as buyers navigate pricing risks
Speaking at the HKVCA's Greater China PE Summit on Monday, Lexington director Niklas Risberg said buyers require discounts and strong GP alignment to get comfortable with the region's higher level of risk.
PEI Awards 2023: Secondaries winners
The top secondaries deals, firms, law firms and advisers of the year.
Side Letter: GPIF's PE performance proposals; Houston's PE lift-off; China's secondaries spike
The world's largest pension fund reckons there's a better way to measure private equity performance relative to traditional assets. Plus: Houston Firefighters' PE allocation stands at one-third of total assets; and secondaries buyers are urging caution in China. Here’s today's brief, for our valued subscribers only.