AIG Capital to invest $30 million in Resource Group

26 Oct, 2005

The American International Group (AIG) Capital Partners Inc will invest $30 million in The Resource Group International Ltd, a subsidiary of Resource Group (TRG) Pakistan Limited.
According to TRG announcement here on Tuesday, this investment would be made through the AIG Global Emerging Markets Fund II, LP and affiliates of AIG.
Founded in 2002, TRG is a global leader in the Business Process Outsourcing (BPO) sector, with over $170 million in revenues and more than 4,000 employees in the United States, Canada, Europe, and Asia.
TRG Chief Executive officer (CEO) Zia Chishti said the Group is thrilled to have the backing of a blue chip investor with extensive global presence, and we look forward to a mutually prosperous relationship. "AIG's investment will further accelerate TRGs growth and help us achieve our vision of becoming the premier BPO service provider for our clients world-wide", he added.

Read Comments