Important Disclosures
The information contained on this website has been prepared solely by TR Capital (“TR Capital” being the TR Capital Group Ltd, TR Advisors Limited and their respective affiliates).
Nothing on this website should be construed as an offer to sell or a solicitation of an offer to buy any security or to participate in any trading strategy or other transaction. This website is not directed to any person in any jurisdiction where (for any reason) the publication or availability of this website is prohibited, and persons in respect of whom such prohibitions apply must not access this website. TR Capital does not provide investment advisory services to the public and nothing contained herein should be construed as an offer of such services.
None of the information contained in this website is intended as financial, investment or professional advice and should not be taken as such by any party receiving it or obtaining it through any means. While the content in this website is based on sources which TR Capital believes to be reliable, it is provided on an “as is” and “as available” basis.No undertaking, representation, warranty or other assurance of any kind,whether expressed or implied (including without limitation implied representations,warranties or conditions of title, non-infringement, merchantability, fitness for a particular purpose, performance, durability, availability, timeliness,accuracy, or completeness), is made or given by or on behalf of TR Capital or any of its respective directors, officers, partners, members, agents or advisers or any other person as to the accuracy or completeness of the information or opinions contained in this website and no responsibility or liability is accepted by any of them for any such information or opinions. All information contained in this website (including without limitation market or transactional data and/or prices) is subject to change without notice, and TR Capital does not undertake to update this website or to correct any inaccuracies therein which may become apparent.
TR Capital will not under any circumstance be liable to you or any other person in any way for any loss or damages (direct,indirect, special, economic, incidental, consequential, punitive or exemplary,including without limitation loss of revenue, data, anticipated profits or lost business) in respect of the use of, or inability to use, this website, any of its content or links (including without limitation any inaccuracies or viruses), or any Web browser or other equipment.
Use of this Website
The materials on this website may not be modified, distributed, reproduced, posted or transmitted without the prior written consent of TR Capital. Visitors to this website may print out portions of the website of interest to them for their own private use only.Copyright notices and other identifying information should not be removed from such printouts. Website contents may not be reproduced in any manner for any other purpose.
The TR Capital logo and other trademarks and service marks referenced herein are trademarks and service marks of the TR Capital group of companies unless otherwise specified. The names of other companies and third-party products or services mentioned herein may be the trademarks or service marks of their respective owners. You are prohibited from using any marks for any purpose including, but not limited to use as metatags on other pages or sites on the World Wide Web without the written permission of TR Capital or such other third-party owner of the marks.
Founder and CEO
Paul Robine is the Founder and CEO of TR Capital. He is responsible for all investment and divestment decisions made at the firm, as well as its strategic direction. Mr. Robine has been responsible for the investment activity of TR Capital since 2007. Mr. Robine currently serves as a board member in a number of TR Capital's investee companies. Prior to founding TR Capital, Mr. Robine was Founder and CEO of the Link Group in Asia.
Mr. Robine holds a Master's degree from EDHEC Business School.
Managing Partner
Colin Sau is a Managing Partner at TR Capital. Mr. Sau joined the firm in 2008 and focuses on deal screening, due diligence, deal monitoring and exit of transactions. Prior to joining TR Capital, Mr. Sau was the Head of Greater China for Suez Asia Capital. Mr. Sau has over 20 years of experience in private equity investments in Asia and is a board member of a number of TR Capital's investee companies.
Mr. Sau is a Non-Executive DIrector and a member of the Membership Committee of the Hong Kong Venture Capital and Private Equity Association (HKVCA).
Mr. Sau holds an MBA and a Bachelor of Business Administration from the Chinese University of Hong Kong and a Bachelor of Laws from the University of Wolverhampton. He is also a Fellow Member of the Association of Chartered Certified Accountants, a Member of the Hong Kong Institute of Certified Public Accountants and a CFA charterholder.
Managing Partner
Frederic Azemard is a Managing Partner at TR Capital. He joined the firm in 2012 and focuses on deal screening, quantitative analysis, due diligence, deal monitoring and exit of transactions. Mr. Azemard is a board member of a number of TR Capital's investee companies. Mr. Azemard began his career at Bain & Co. in Los Angeles. In 2005, he joined Electra Partners in Europe, before becoming the CEO of Sunnco GC. Mr. Azemard is also a former Officer of the French Navy.
Mr. Azemard holds a Master in Electrical Engineering from UCLA, and graduated from Ecole Polytechnique and ENST.
Partner
Deepanshu Madan is a Partner at TR Capital. Prior to joining TR Capital, Mr. Madan worked as an investment professional at Locus investment Group, a public markets investment fund focused on India, and at SAIF Partners India, a leading PE and public markets investment fund. Prior to that, he worked with McKinsey & Company and JP Morgan in India.
Mr. Madan holds an undergraduate degree in Economics from the University of Delhi.
Partner
Deepanshu Madan is a Partner at TR Capital. Prior to joining TR Capital, Mr. Madan worked as an investment professional at Locus investment Group, a public markets investment fund focused on India, and at SAIF Partners India, a leading PE and public markets investment fund. Prior to that, he worked with McKinsey & Company and JP Morgan in India.
Mr. Madan holds an undergraduate degree in Economics from the University of Delhi.
Managing Director, Head of Legal
Director
Nigel Ng is a Director at TR Capital. Prior to joining TR Capital, Mr. Ng worked with SIN Capital and Infocomm Investments (SGInnovate) in Singapore. Mr. Ng holds a B.S. in Economics from University College London (UCL).
Director
Rohitt Mutthoo is a Director at TR Capital and is based out of the Mumbai office. Prior to joining TR Capital, Mr. Mutthoo was a senior investment professional in Premji Invest’s private equity team focusing on growth and buyout transactions. Prior to that, Mr. Mutthoo was an investment professional with Multiples private equity in Mumbai. Mr. Mutthoo holds an MBA from INSEAD and is a computer science engineer by training. He has completed all levels of CFA Institute (US).
Managing Director, Head of Legal
Director
Nigel Ng is a Director at TR Capital. Prior to joining TR Capital, Mr. Ng worked with SIN Capital and Infocomm Investments (SGInnovate) in Singapore. Mr. Ng holds a B.S. in Economics from University College London (UCL).
Director
Rohitt Mutthoo is a Director at TR Capital and is based out of the Mumbai office. Prior to joining TR Capital, Mr. Mutthoo was a senior investment professional in Premji Invest’s private equity team focusing on growth and buyout transactions. Prior to that, Mr. Mutthoo was an investment professional with Multiples private equity in Mumbai. Mr. Mutthoo holds an MBA from INSEAD and is a computer science engineer by training. He has completed all levels of CFA Institute (US).
Vice President
Vice President
Dylan Dai is a Vice President at TR Capital and works out of the Hong
Kong office. Prior to joining TR Capital, Mr. Dai was an investment
professional with Haitong's private equity arm, focusing on growth private
equity transactions in China. Before that, Mr. Dai was an investment banker
with Barclays Capital in Hong Kong. Mr. Dai trained as an M&A lawyer with
Ashurst LLP in London. Mr. Dai holds a MSc in Finance from London Business
School and a BA in Law from Cambridge University.
Vice President
Vice President
Vice President
Dylan Dai is a Vice President at TR Capital and works out of the Hong
Kong office. Prior to joining TR Capital, Mr. Dai was an investment
professional with Haitong's private equity arm, focusing on growth private
equity transactions in China. Before that, Mr. Dai was an investment banker
with Barclays Capital in Hong Kong. Mr. Dai trained as an M&A lawyer with
Ashurst LLP in London. Mr. Dai holds a MSc in Finance from London Business
School and a BA in Law from Cambridge University.
Vice President
Associate
Associate, Investor Relations
Associate, Investor Relations
Associate
Associate, Investor Relations
Associate, Investor Relations
Analyst
Analyst
Analyst
Lakshay Aggarwal is an Analyst at TR Capital. Prior to joining TR Capital, Mr. Aggarwal worked with Eight Roads Ventures India (Fidelity) where he was a part of the technology investment team covering SAAS, consumer and financial services sectors in India. Mr. Aggarwal holds a Bachelor's degree in management from University of Delhi, India and is also a CFA aspirant.
Analyst
Analyst
Analyst
Lakshay Aggarwal is an Analyst at TR Capital. Prior to joining TR Capital, Mr. Aggarwal worked with Eight Roads Ventures India (Fidelity) where he was a part of the technology investment team covering SAAS, consumer and financial services sectors in India. Mr. Aggarwal holds a Bachelor's degree in management from University of Delhi, India and is also a CFA aspirant.
Analyst
Govind Khetan is an Analyst at TR Capital. Prior to joining TR Capital, Mr. Khetan was working as an Investment Professional at Paragon Partners, a middle market private equity firm in India. Prior to that, Mr. Khetan worked with the investment banking team of O3 Capital, covering the digital sectors. Mr. Khetan is a Chartered Accountant (All India Ranker) and holds an undergraduate degree from Shri Ram College of Commerce (SRCC), Delhi and is also a CFA aspirant.
Analyst
Pratik Gandhi is an Analyst at TR Capital. Prior to joining TR Capital, Mr. Gandhi worked at Avendus Capital's investment banking practice in Mumbai where he covered the digital and technology sector. Prior to that, he has also worked at Deloitte in their tax advisory practice. Mr. Gandhi holds an MBA from IIM Calcutta (Institute Ranker), is a Chartered Accountant and has completed all levels of CFA Institute (US).
Deputy Chief Financial Officer
Analyst
Govind Khetan is an Analyst at TR Capital. Prior to joining TR Capital, Mr. Khetan was working as an Investment Professional at Paragon Partners, a middle market private equity firm in India. Prior to that, Mr. Khetan worked with the investment banking team of O3 Capital, covering the digital sectors. Mr. Khetan is a Chartered Accountant (All India Ranker) and holds an undergraduate degree from Shri Ram College of Commerce (SRCC), Delhi and is also a CFA aspirant.
Analyst
Pratik Gandhi is an Analyst at TR Capital. Prior to joining TR Capital, Mr. Gandhi worked at Avendus Capital's investment banking practice in Mumbai where he covered the digital and technology sector. Prior to that, he has also worked at Deloitte in their tax advisory practice. Mr. Gandhi holds an MBA from IIM Calcutta (Institute Ranker), is a Chartered Accountant and has completed all levels of CFA Institute (US).
Deputy Chief Financial Officer
Financial Controller
Finance & Fund Administration Manager
Assistant Finance & Fund Administration Manager
Leo Lau is an Assistant Finance & Fund Administration Manager at TR Capital. Prior to joining TR Capital, Leo was an Accountant Associate in Wealth and Assets Management Department of EY Hong Kong. Leo holds Bachelor of Commerce, majoring in Accounting and Finance from the University of New South Wales. He is also a Member of the CPA Australia.
Financial Controller
Finance & Fund Administration Manager
Assistant Finance & Fund Administration Manager
Leo Lau is an Assistant Finance & Fund Administration Manager at TR Capital. Prior to joining TR Capital, Leo was an Accountant Associate in Wealth and Assets Management Department of EY Hong Kong. Leo holds Bachelor of Commerce, majoring in Accounting and Finance from the University of New South Wales. He is also a Member of the CPA Australia.
Assistant Finance & Fund Administration Manager
Executive Secretary
Executive Secretary
Assistant Finance & Fund Administration Manager
Executive Secretary
Executive Secretary
Founder and CEO
Paul Robine is the Founder and CEO of TR Capital. He is responsible for all investment and divestment decisions made at the firm, as well as its strategic direction. Mr. Robine has been responsible for the investment activity of TR Capital since 2007. Mr. Robine currently serves as a board member in a number of TR Capital's investee companies. Prior to founding TR Capital, Mr. Robine was Founder and CEO of the Link Group in Asia.
Mr. Robine holds a Master's degree from EDHEC Business School.
Managing Partner
Colin Sau is a Managing Partner at TR Capital. Mr. Sau joined the firm in 2008 and focuses on deal screening, due diligence, deal monitoring and exit of transactions. Prior to joining TR Capital, Mr. Sau was the Head of Greater China for Suez Asia Capital. Mr. Sau has over 20 years of experience in private equity investments in Asia and is a board member of a number of TR Capital's investee companies.
Mr. Sau is a member of the Nomination Committee of the Hong Kong Venture Capital and Private Equity Association (HKVCA).
Mr. Sau holds an MBA and a Bachelor of Business Administration from the Chinese University of Hong Kong and a Bachelor of Laws from the University of Wolverhampton. He is also a Fellow Member of the Association of Chartered Certified Accountants, a Member of the Hong Kong Institute of Certified Public Accountants and a CFA charterholder.
Managing Partner
Frederic Azemard is a Managing Partner at TR Capital. He joined the firm in 2012 and focuses on deal screening, quantitative analysis, due diligence, deal monitoring and exit of transactions. Mr. Azemard is a board member of a number of TR Capital's investee companies. Mr. Azemard began his career at Bain & Co. in Los Angeles. In 2005, he joined Electra Partners in Europe, before becoming the CEO of Sunnco GC. Mr. Azemard is also a former Officer of the French Navy.
Mr. Azemard holds a Master in Electrical Engineering from UCLA, and graduated from Ecole Polytechnique and ENST.
Founder and CEO
Paul Robine is the Founder and CEO of TR Capital. He is responsible for all investment and divestment decisions made at the firm, as well as its strategic direction. Mr. Robine has been responsible for the investment activity of TR Capital since 2007. Mr. Robine currently serves as a board member in a number of TR Capital's investee companies. Prior to founding TR Capital, Mr. Robine was Founder and CEO of the Link Group in Asia.
Mr. Robine holds a Master's degree from EDHEC Business School.
Managing Partner
Colin Sau is a Managing Partner at TR Capital. Mr. Sau joined the firm in 2008 and focuses on deal screening, due diligence, deal monitoring and exit of transactions. Prior to joining TR Capital, Mr. Sau was the Head of Greater China for Suez Asia Capital. Mr. Sau has over 20 years of experience in private equity investments in Asia and is a board member of a number of TR Capital's investee companies.
Mr. Sau is a member of the Nomination Committee of the Hong Kong Venture Capital and Private Equity Association (HKVCA).
Mr. Sau holds an MBA and a Bachelor of Business Administration from the Chinese University of Hong Kong and a Bachelor of Laws from the University of Wolverhampton. He is also a Fellow Member of the Association of Chartered Certified Accountants, a Member of the Hong Kong Institute of Certified Public Accountants and a CFA charterholder.
Managing Partner
Frederic Azemard is a Managing Partner at TR Capital. He joined the firm in 2012 and focuses on deal screening, quantitative analysis, due diligence, deal monitoring and exit of transactions. Mr. Azemard is a board member of a number of TR Capital's investee companies. Mr. Azemard began his career at Bain & Co. in Los Angeles. In 2005, he joined Electra Partners in Europe, before becoming the CEO of Sunnco GC. Mr. Azemard is also a former Officer of the French Navy.
Mr. Azemard holds a Master in Electrical Engineering from UCLA, and graduated from Ecole Polytechnique and ENST.
Director (representing Golien Ltd)
Max Burger, via Golien, has been a shareholder and board member of TR Capital since 2011. Mr. Burger is the former Chairman of Apax Partners for Asia. He began his career at Dresdner Bank in Singapore and later joined The Boston Consulting Group (BCG) in Munich. After leaving BCG, he joined a family-owned tobacco company. In 1986, he co-founded Corporate Finance Partners AG (CFP). CFP became a member of the Apax Partners Group in 1989. In 2005, Mr. Burger spearheaded Apax´s expansion into Asia and relocated to Hong Kong.
Mr. Burger was Chairman of the EVCA (European Venture Capital Association). In 2009, Mr. Burger retired from his active position as an equity partner at Apax and became CEO of Golien in Hong Kong.
Mr. Burger is a graduate in economics from the University of St. Gallen in Switzerland and holds an MBA from the Harvard Business School.
Director (representing Golien Ltd)
Max Burger, via Golien, has been a shareholder and board member of TR Capital since 2011. Mr. Burger is the former Chairman of Apax Partners for Asia. He began his career at Dresdner Bank in Singapore and later joined The Boston Consulting Group (BCG) in Munich. After leaving BCG, he joined a family-owned tobacco company. In 1986, he co-founded Corporate Finance Partners AG (CFP). CFP became a member of the Apax Partners Group in 1989. In 2005, Mr. Burger spearheaded Apax´s expansion into Asia and relocated to Hong Kong.
Mr. Burger was Chairman of the EVCA (European Venture Capital Association). In 2009, Mr. Burger retired from his active position as an equity partner at Apax and became CEO of Golien in Hong Kong.
Mr. Burger is a graduate in economics from the University of St. Gallen in Switzerland and holds an MBA from the Harvard Business School.
Weiwen Han is a partner in Bain & Company's Shanghai office. He is a leader in the firm's Private Equity practice and a senior member of the Digital, Consumer Products and Retail practices, as well as an expert engaged with Bain's Developing Market 100 program. Mr. Han has more than 18 years of management consulting experience advising leading investment companies, including private equity firms, on their biggest challenges and opportunities.
Mr. Han earned an MBA from the University of Chicago Graduate School of
Business. He also received a Bachelor of Science degree from Fudan University
in Shanghai with high honors in business and economics.
Léon Seynave has over 30 years of
experience in retail. He is the co-founder
of Vente-Exclusive.com. Mr. Seynave was also
a co-founder of Mitiska, formerly a listed holding company in Brussels with
stakes in several retail companies such as Carpetland, Brantano and AS
adventure.
In addition, he holds directorships
in De Persgroep, Vente-Exclusive.com, Agilitas (Belgium) and Stanhope Capital (UK).
Previously, Mr. Seynave worked as an investment banker at White, Weld &
Co., New York and Crédit Suisse First Boston in London.
Mr. Seynave holds a degree in
Commercial Engineering from the University of Leuven, Belgium and an M.B.A.
from the Wharton School of Commerce and Finance of the University of
Pennsylvania.
Michael Shen is a private investor in China and the US. Mr. Shen is the former Deputy Chief Executive Officer at China Taiping Insurance Holdings Company Limited. He joined China Taiping Insurance Holdings Company Limited in 2002 and served as its Chief Financial Officer.
Prior to that, Mr. Shen spent seven years at Goldman Sachs where he developed in-depth knowledge in advising insurance and asset management companies on strategic and operational matters. He served as an Executive Director in the Financial Institutions Group of the Investment Banking Division of Goldman Sachs (Asia) L.L.C.
Mr. Shen graduated as the valedictorian of his class and
received a Bachelor of Science in Foreign Service in 1991 from Georgetown
University, where he majored in International Politics/Relations. Mr. Shen
received a Juris Doctorate degree in 1994 from Harvard Law School.
Weiwen Han is a partner in Bain & Company's Shanghai office. He is a leader in the firm's Private Equity practice and a senior member of the Digital, Consumer Products and Retail practices, as well as an expert engaged with Bain's Developing Market 100 program. Mr. Han has more than 18 years of management consulting experience advising leading investment companies, including private equity firms, on their biggest challenges and opportunities.
Mr. Han earned an MBA from the University of Chicago Graduate School of
Business. He also received a Bachelor of Science degree from Fudan University
in Shanghai with high honors in business and economics.
Léon Seynave has over 30 years of
experience in retail. He is the co-founder
of Vente-Exclusive.com. Mr. Seynave was also
a co-founder of Mitiska, formerly a listed holding company in Brussels with
stakes in several retail companies such as Carpetland, Brantano and AS
adventure.
In addition, he holds directorships
in De Persgroep, Vente-Exclusive.com, Agilitas (Belgium) and Stanhope Capital (UK).
Previously, Mr. Seynave worked as an investment banker at White, Weld &
Co., New York and Crédit Suisse First Boston in London.
Mr. Seynave holds a degree in
Commercial Engineering from the University of Leuven, Belgium and an M.B.A.
from the Wharton School of Commerce and Finance of the University of
Pennsylvania.
Michael Shen is a private investor in China and the US. Mr. Shen is the former Deputy Chief Executive Officer at China Taiping Insurance Holdings Company Limited. He joined China Taiping Insurance Holdings Company Limited in 2002 and served as its Chief Financial Officer.
Prior to that, Mr. Shen spent seven years at Goldman Sachs where he developed in-depth knowledge in advising insurance and asset management companies on strategic and operational matters. He served as an Executive Director in the Financial Institutions Group of the Investment Banking Division of Goldman Sachs (Asia) L.L.C.
Mr. Shen graduated as the valedictorian of his class and
received a Bachelor of Science in Foreign Service in 1991 from Georgetown
University, where he majored in International Politics/Relations. Mr. Shen
received a Juris Doctorate degree in 1994 from Harvard Law School.
Yan Sun is Managing Director and global Partner at Korn Ferry. She leads the firm's Private Equity and Venture Capital practice in China and is active in Tech, Internet/Mobile and Consumer/Content industries.
Ms. Sun brings more than 20 years of experience in leadership and strategy consulting in the fast-growing PE/VC and technology space, in addition to her senior executive roles with major blue-chip corporations.
Prior to Korn Ferry, Ms. Sun was the most senior Chinese Partner at Egon Zehnder where she served for more than a decade. Her earlier career was in strategy consulting as a Principal with The Boston Consulting Group and Bain during which time she worked out of their US office in addition to China. She also worked at Danaher as their BD and Corporate M&A Director, Mitsubishi as their Project Manager in Petrochemical business.
In addition to her full time
role, Ms. Sun lectures at Peking University’s Entrepreneur Club, helping
Chinese entrepreneurs make more informed talent decisions. She is an
Aspen Fellow and member of the Aspen Global Leadership Network. Ms. Sun
holds an MBA degree with Leadership Potential Award from INSEAD and a BA in Economics
(Honors) from Peking University.
Yan Sun is Managing Director and global Partner at Korn Ferry. She leads the firm's Private Equity and Venture Capital practice in China and is active in Tech, Internet/Mobile and Consumer/Content industries.
Ms. Sun brings more than 20 years of experience in leadership and strategy consulting in the fast-growing PE/VC and technology space, in addition to her senior executive roles with major blue-chip corporations.
Prior to Korn Ferry, Ms. Sun was the most senior Chinese Partner at Egon Zehnder where she served for more than a decade. Her earlier career was in strategy consulting as a Principal with The Boston Consulting Group and Bain during which time she worked out of their US office in addition to China. She also worked at Danaher as their BD and Corporate M&A Director, Mitsubishi as their Project Manager in Petrochemical business.
In addition to her full time
role, Ms. Sun lectures at Peking University’s Entrepreneur Club, helping
Chinese entrepreneurs make more informed talent decisions. She is an
Aspen Fellow and member of the Aspen Global Leadership Network. Ms. Sun
holds an MBA degree with Leadership Potential Award from INSEAD and a BA in Economics
(Honors) from Peking University.