TRG Management LP is an SEC-registered investment adviser based in New York, NY that reports managing 2 hedge funds on Form ADV. It reports $6.7 billion in regulatory assets under management. Its private funds, of all types, hold $4.3 billion in gross assets.
- Regulatory assets under management
- $6.7 billionForm ADV Item 5.F
- Gross assets of private funds
- $4.3 billionAll private fund types, Form ADV
- Hedge funds managed
- 227 private funds in total
- Employees
- 102Form ADV Item 5.A
- Registration
- SEC-registered adviserCRD 138083
- Latest Form ADV
- 03/31/2026Disciplinary disclosures: none reported
Hedge funds filing Form D (2)
Fund
First sale
Raised
Investors
Minimum
YTD performance
TRG Emerging Horizon Select Equity Fund, L.P.
New York, NY
First saleNov 2017
Raised$69.3M
Investors15
MinimumNone set
YTD performanceNot reported
TRG Emerging Horizon Select Equity Fund, Ltd.
New York, NY
First sale—
Raised$0
Investors0
Minimum$100K
YTD performanceNot reported
Matched to this firm by the fund names and related persons in each Form D. The list may be incomplete.
Private equity funds filing Form D (1)
Fund
First sale
Raised
Investors
Minimum
Offering
TRG Pge LP
New York, NYEmerging
First saleDec 2024
Raised$13.9M
Investors7
MinimumNone set
Offering506(b)
Matched to this firm by the fund names and related persons in each Form D. The list may be incomplete.
Private funds reported on Form ADV (29)
Fund
Gross assets
Minimum
Owners
Adviser
Asian Infrastructure & Related Resources Opportunity Fund Cayman Master LP
Cayman IslandsPrivate equity fund
Gross assets$603M
Minimum$500K
Owners245
AdviserTRG Management LP
BAF Latam Credit Fund
Cayman IslandsPrivate equity fund
Gross assets$525M
Minimum$1.0M
Owners50
AdviserTRG Management LP
TRG Forestry Fund 9, LP
Delaware, United StatesReal estate fund
Gross assets$378M
Minimum$10.0M
Owners31
AdviserTRG Management LP
Saltus Separate Account, L.P.
Delaware, United StatesHedge fund
Gross assets$374M
Minimum$5.0M
Owners4
AdviserTRG Management LP
TRG Bt Fund, LP
Cayman IslandsReal estate fund
Gross assets$290M
Minimum$5.0M
Owners11
AdviserTRG Management LP
TRG Growth Partnership II, L.P.
Cayman IslandsPrivate equity fund
Gross assets$203M
Minimum$250K
Owners1,243
AdviserTRG Management LP
TRG Emerging Europe Private Equity Fund Scsp
LuxembourgPrivate equity fund
Gross assets$193M
Minimum$5.0M
Owners13
AdviserTRG Management LP
TRG Quokka Fund LP
Cayman IslandsReal estate fund
Gross assets$176M
Minimum$31.4M
Owners2
AdviserTRG Management LP
TRG Farm Land Opitmization Fund, LP
Cayman IslandsReal estate fund
Gross assets$166M
Minimum$5.0M
Owners36
AdviserTRG Management LP
Ethos Fund VI (Jersey), L.P.
JerseyPrivate equity fund
Gross assets$158M
Minimum$513M
Owners28
AdviserTRG Management LP
TRG Latin America Private Equity Fund I, L.P.
CanadaPrivate equity fund
Gross assets$128M
Minimum$5.0M
Owners11
AdviserTRG Management LP
TRG Argentina Private Equity Fund, L.P.
CanadaPrivate equity fund
Gross assets$110M
Minimum$5.0M
Owners25
AdviserTRG Management LP
Ninety One Africa Private Equity Fund 2 L.P.
GuernseyPrivate equity fund
Gross assets$94.9M
Minimum$295M
Owners9
AdviserTRG Management LP
Balam Fund I, LP
CanadaPrivate equity fund
Gross assets$90.0M
Minimum$5.0M
Owners6
AdviserTRG Management LP
TRG Long Horizons Forestry Fund-A, LP
Delaware, United StatesReal estate fund
Gross assets$84.3M
Minimum$10.0M
Owners26
AdviserTRG Management LP
TRG Long Horizons Forestry Fund-B, LP
Delaware, United StatesReal estate fund
Gross assets$83.2M
Minimum$10.0M
Owners3
AdviserTRG Management LP
Asian Infrastructure & Related Resources Opportunity Fund II Pte LTD
SingaporePrivate equity fund
Gross assets$78.2M
Minimum$10.0M
Owners24
AdviserTRG Management LP
TRG Emerging Horizon Select Equity Master Fund, LTD.
Cayman IslandsHedge fund
Gross assets$68.2M
Minimum$1.0M
Owners11
AdviserTRG Management LP
TRG Private Credit Latin America Sarl
LuxembourgPrivate equity fund
Gross assets$56.9M
Minimum$1.0M
Owners2
AdviserTRG Management LP
Star Business Enterprises Limited
British Virgin IslandsPrivate equity fund
Gross assets$48.2M
Minimum$40.0M
Owners1
AdviserTRG Management LP
Fondo De Capital Privado Trg Fcp La
ColombiaPrivate equity fund
Gross assets$42.9M
Minimum$5.0M
Owners3
AdviserTRG Management LP
Baltic Cruises Investment LP
Cayman IslandsPrivate equity fund
Gross assets$33.4M
Minimum$5.5M
Owners10
AdviserTRG Management LP
Natil Technologies LTD
IsraelPrivate equity fund
Gross assets$15.5M
Minimum$1.0M
Owners5
AdviserTRG Management LP
TRG Special Opportunity Master Fund, LTD.
Cayman IslandsPrivate equity fund
Gross assets$9.2M
Minimum$5.0M
Owners38
AdviserTRG Management LP
TRG Global Opportunity Master Fund, LTD.
Cayman IslandsPrivate equity fund
Gross assets$4.2M
Minimum$5.0M
Owners111
AdviserTRG Management LP
TRG Forestry Fund 8-B, LP
Delaware, United StatesReal estate fund
Gross assets$1.8M
Minimum$1.0M
Owners72
AdviserTRG Management LP
TRG Global Emerging Markets Multi Manager Fund, L.P.
Delaware, United StatesPrivate fund
Gross assets$1.3M
Minimum$1.0M
Owners8
AdviserTRG Management LP
TRG Forestry Fund 8-A, LP
Delaware, United StatesReal estate fund
Gross assets$913K
Minimum$1.0M
Owners93
AdviserTRG Management LP
TRG Nassau Partnership, L.P.
Cayman IslandsPrivate equity fund
Gross assets$511K
Minimum$1.0M
Owners1
AdviserTRG Management LP
As reported in the adviser's Form ADV filed Apr 29, 2024. Funds also listed from Form D are shown above.
Fund vehicles: feeder funds and single-deal vehicles (2)
Fund
Gross assets
Minimum
Owners
Adviser
Airro India Sidecar Fund Cayman Master LP
Cayman IslandsPrivate equity fund
Gross assets$178M
Minimum$10.0M
Owners31
AdviserTRG Management LP
Trggp II Co-Invest L.P.
Cayman IslandsPrivate equity fund
Gross assets$23.0M
Minimum$10K
Owners73
AdviserTRG Management LP
Feeder funds invest through a master fund; single-deal vehicles (SPVs, co-investments, series) hold one investment.
From SEC filings. Firm data comes from the SEC's Form ADV data as of Oct 2, 2026; performance estimates come from Form 13F. AltMountain has not verified this information, and it is not an offer, solicitation or recommendation. Full disclosures