AIG Invests $30M in TRG

AIG Capital, the US-based private equity investor, has invested USD 30 million in The Resource Group (TRG), a US-based BPO solutions provider, through AIG Global Emerging Markets Fund.

TRG plans to utilize the investment in financing its expansion plan. The expansion plan is focused at augmenting the company’s current services portfolio, as well promoting movement in new outsourcing domains. A portion of the fund will also be used to support TRG's organic growth. TRG reported USD 170 million in revenues in the previous fiscal year and presently employs 4,000 people.