Trg Management LP (New York)

Name: Trg Management LP
Address: 65 East 55 Th Street, New York, NY, 10022
Telephone: 212-984-2900

Trg Management LP is a large advisory firm based in New York. It manages $6.06 billion of regulatory assets for 67 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Massachusetts and New York.

Trg Management provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Trg Management: assets under management

The assets under management (AUM) of Trg Management LP is $6.06 billion. The firm's AUM has grown by 245% since the beginning of its operation, and $2.89 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $5.39 billion in discretionary accounts and $669.11 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $88.37 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $111.52 million.

Trg Management has custody of $4.61 billion in cash and securities for 60 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in sovereign bonds the most. They account for 36% of the total AUM. The second-largest asset type is other assets, which make up 34% of the firm’s portfolio. Investments in cash and cash equivalents form 29% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Trg Management LP for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Trg Management serves?

The only and largest group of clients of Trg Management is pooled investment vehicles with 60 clients and $5.09 billion of assets under management. Among the 9 most similar advisory firms, Trg Management has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $5.09 billion for 60 clients. 65% of the firm’s clients are foreign persons or businesses.

Trg Management also advises several private funds. Namely, six hedge funds, fourteen real estate funds, one other private fund, and nineteen private equity funds. The minimum investment commitment required of non-related persons ranges from $1,000 to $40,000,000.

Careers at Trg Management LP

The company employs 116 people that are either part- or full-time employees. 45 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Trg Management Principals Lp	General partner of trg management lp ("trg")	1 Feb 2003	75% - 100%	11-3670515
Nicolas Streit Rohatyn	Ceo & cio, member of the board of partners of trg, member of board for each trg allocation, trg hk, trg india and trg singapore	1 Feb 2003	Other	2229928
Trg Management Principals Llc	General partner	1 Feb 2003	75% - 100%	11-3670515
Jorge Octavio Mariscal	Director of investment research	1 Feb 2003	Other	2120600
Guido Aldo Mosca	Director of portfolio management	1 Feb 2003	Other	2223362
Peter Frederick Frey	Director of client relations	1 Feb 2003	Other	2243871
Gregory Andrew Mariasch	Principal of gp, portfolio manager	1 Feb 2003	Other	2526485
Ernest Stern	Principal of gp, member of the board of partners	1 Mar 2003	Other	2894967
Inc. Ayalafil Co.	Partner	1 Apr 2003	Other	2930208
Bruce Alan Wolfson	General counsel	1 May 2004	Other	1934976
Goetz Eggelhoefer	Member of the board of partners of trg, member of the executive committee for trg and ceo of trg management singapore pte ltd	1 Jul 2004	Other	5314518
Miguel Angel Gutierrez	Member of each the board of partners and the executive committee for trg and head of each trg latin american relying advisor	1 Jul 2004	Other	5315080
Miguel Angel Guitierrez	Principal of gp, head of portfolio management, special opportunities	1 Jul 2004	Other	5315080
Michael Henry Richardson	Board member for each of the trg venture capital general partner entities	1 Feb 2005	Other	6035995
Deryk Anthony Haithwaite	Board member for each of the trg venture capital general partner entities	1 Feb 2005	Other	6471035
John Francis Xavier Phinney	Chief financial officer/chief operating officer	1 Jun 2005	Other	2314321
Bernard Schaffer Steinberg	Member of the board of partners of trg and member of the executive committee for trg	1 Aug 2006	Other	4437054
Owain David Morgan	Principal of gp, head of risk management	1 Aug 2006	Other	3268945
Michele Amy Krieger	Chief administrative officer/chief compliance officer	1 Oct 2006	Other	2710732
Peter Laurence Clark	Principal of gp, director of marketing & investor relations	1 Apr 2007	Other	1676344
Cezar Peralta Consing	Member of the board of partners of trg	1 Jan 2008	Other	5509647
Jonathan T Marom	Chief financial officer	1 Jun 2008	Other	2147638
Bangkok Bank Public Company Limited	Limited partner	1 May 2009	Other	foreign
Inc. Ai North America	Limited partner	1 Dec 2009	Other	20-5527125
Chartsiri Sophonpanich	Member of the board of partners of trg	1 Jan 2010	Other	5772202
Chartsiri Nmn Sophonpanich	Member of the board of partners of trg	1 Jan 2010	Other	5772202
Jaime Augusto Zobel	Member of the board of partners	1 Jan 2010	Other	5772199
John Patrick Casey	Chief compliance officer	1 Mar 2010	Other	1757858
Lee Bocker	Chief operating officer, member of the executive committee for trg and board member for trg india	1 Apr 2010	Other	5785699
Vladimir Krin	Chief risk officer and member of the executive committee for trg	1 Apr 2010	Other	2360923
Lee Edward Bocker	Chief operating officer, member of the executive committee for trg and board member for trg india	1 Apr 2010	Other	5785699
Vladimir Nmn Krin	Chief risk officer and member of the executive committee for trg	1 Apr 2010	Other	2360923
Stephen Paul Casper	Principal of gp, president	1 Apr 2010	Other	2073412
Charles Henry Cosgrove	Principal of gp	1 Jul 2011	Other	6028938
Pedro Pablo Kuczynski	Principal of gp	1 Aug 2011	Other	1667059
Jacob Marc Cohen	Chief compliance officer, general counsel and member of the executive committee for trg	1 Feb 2012	Other	4251775
Anil Mohan Khanna	Member of the executive committee	1 Nov 2013	Other	5313909
Marc Andree Roger Desaedeleer	Member of the executive committee for trg and board member for each of the trg venture capital general partner entities	1 Nov 2013	Other	6282593
Enrique Alberto Bascur Middleton	Principal of trg management principals lp	1 Nov 2013	Other	6282590
Ji Hong Min	Member of the board of partners	1 Dec 2013	Other	2270235
Sunil Kumar Nair	Member of the board of partners	1 Dec 2013	Other	2996387
Anil Mohan Khanna	Member of the board of partners	1 Dec 2013	Other	5313909
Enrique Alberto Bascur Middleton	Member of the board of partners	1 Dec 2013	Other	6282590
Marc Andree Roger Desaedeleer	Member of the board of partners	1 Dec 2013	Other	6282593
Sai Lau Jeffrey To	Responsible officer of trg management hong kong limited	1 Jan 2014	Other	6472221
Sailau Jeffrey To	Responsible officer of trg management hong kong ltd	1 Jan 2014	Other	3194370
Vincent Wee Seck Low	Member of the executive committee for trg	1 Mar 2014	Other	6470022
Tsz Cheung Lam	Responsible officer of trg management hong kong limited	1 Mar 2014	Other	6472194
Gordon Elliott Cho	Responsible officer of trg management hong kong limited	1 Aug 2014	Other	6472234
Francis Scott Ferraro	Chief financial officer	1 Sep 2014	Other	6403073
Christopher Burrill Seaver	Responsible officer of trg management hong kong limited	1 Feb 2016	Other	5733059
Christopher Seaver	Responsible officer of trg management hong kong limited	1 Feb 2016	Other	5733059
Roberto Chute	Partner of trg management principals lp	1 Oct 2017	Other	6930124
Michael Stephen Darien Claridge	Partner of trg management principals lp	1 Dec 2017	Other	5771812
Ian Gordon Jolly	Partner of trg management principals lp and head of trg new zealand office	1 Dec 2017	Other	4520404
Stuart John Donald	Partner of trg management principals lp	1 Dec 2017	Other	6092010
Eva Greger Morse	Member of the executive committee for trg and head of trg boston office	1 Dec 2017	Other	2676907
Michael Robinson	Board member for each of the trg venture capital general partner entities	1 Dec 2017	Other	6315657
Michael Stephen Darien Claridge	Member of the executive committee for trg and head of trg boston office	1 Sep 2018	Other	5771812
Charlotte Anne Cruikshank	Board member for each of the trg venture capital general partner entities	1 Sep 2018	Other	7034232

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Nicolas Streit Rohatyn	Managing member	1 Dec 2001	75% - 100%	2229928
Llc Rohatyn Management Interests	Managing member	1 Feb 2003	25% - 50%	38-3642185
Ayala Corporation	Shareholder	1 Jul 2006	75% - 100%	foreign

Based in New York

The principal office where Trg Management LP performs its advisory services is located at 65 East 55 Th Street, New York, NY 10022, which is also the mailing address of the firm. An additional office of the firm is in Boston, MA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-984-2900 or by fax 212-682-9777. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at rohatyngroup.com.