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Private Equity

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TRG Packaging and Display Solutions

The Royal Capital is an SEC-registered investment adviser in Carmel, IN, since 2018. It manages approximately $204 million in regulatory assets.

TRG Packaging and Display Solutions

The Royal Capital is an SEC-registered investment adviser in Carmel, IN, since 2018. It manages approximately $204 million in regulatory assets. The firm has 2 employees and 2 investment advisers.

General information

Firm type

Private Equity

Year founded

1922

Location

Region

Asia

Country

United States

City

Carmel

Corporate office

Cicero, IL, United States

Frequently asked questions

Who controls investment decisions and capital allocation at TRG?

The company discloses that it remains an independent, family-owned entity under fourth-generation leadership, but it does not name specific individuals with investment authority. Governance and allocation decisions appear to rest with family shareholders and the operating board responsible for plant and real-estate spending. No external CIO or investment committee is identified in public filings.

How does TRG source its deal flow or acquisition targets?

TRG does not operate as a financial sponsor and has not publicized acquisitions, fund commitments, or external deal sourcing. The business grows organically through site additions — it cites over 30 locations — and through the expansion of co-packing, fulfillment, and design services layered onto existing manufacturing relationships.

Does TRG disclose any assets under management or invested capital totals?

TRG does not publish an AUM figure or disclose the size of its invested capital base. The balance sheet consists of operating real estate, production machinery, and inventory, all held privately. No estimate can be sourced from public filings or regulatory disclosures.

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