TR Capital is a Private Equity based in Hong Kong.

How many investments has TR Capital made?

TR Capital has made 4 disclosed investments.

How much does TR Capital manage?

TR Capital manages $1.5B in assets.

What does TR Capital invest in?

TR Capital invests in Healthcare, Next-Generation Consumer Growth, Late Stage companies.

What companies has TR Capital invested in?

TR Capital's portfolio includes MoEngage, Fibe, Urban Ladder, Oatside.

TR Capital

Private Equity

TR Capital is a leading secondary private equity investor in the Asia Pacific region. Provides liquidity solutions through single asset and portfolio transactions in Technology, Next-Generation Consumer and Healthcare sectors.

Hong Kong, Hong Kong · 4+ investments · 4 portfolio companies

Website

Growth

Late Stage

Healthcare

Next-Generation Consumer

Headquarters: Hong Kong, Hong Kong
Founded: 2007
Website: tr-capital.com
AUM: $1.5B

Portfolio Companies: 4
Total Investments: 4
Last Investment: Dec 2025
Geographic Focus: Asia-Pacific

Indexed holds 4 portfolio companies and 4 funding rounds for this investor. The full record is or through the API.

Investment Thesis

Focuses on innovative leaders across Asia by acquiring assets at a discount to intrinsic value through Secondary Direct, Fund Restructuring, and LP interests.

TR Capital is a Private Equity firm based in Hong Kong, Hong Kong. It has made 4 investments, including MoEngage, Fibe and Urban Ladder. Focus areas include Healthcare and Next-Generation Consumer.

Portfolio4

Co-investors22

Sign up to view co-investors

22 co-investors across 24 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×18 · Sovereign Wealth Fund ×1 · Other ×1 · 11 shared rounds

Investment History

Sign up to view investment history

Create a free account with 25 free credits every month, no card needed, to unlock deal history, amounts, and round details.

Your firm? Embed this profile

Add the live badge to your site — it stays current as your portfolio data updates.

<a href="https://indexed.vc/investors/tr-capital"><img src="https://indexed.vc/api/badge/investor/tr-capital" alt="TR Capital on Indexed.vc" width="260" height="76" /></a>