Integrating FX and equity teams drives return synergies in emerging markets
Nick Rohatyn · Nick Rohatyn – Emerging Markets Multi-Asset Investing at TRG (EP.482) · Jan 22, 2026 · at 1:09:01
Nick Rohatyn, founder and CEO of The Rohatyn Group, discusses the performance advantages of breaking down asset class silos in emerging market investing.
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“Having everything under one roof is far superior if they are incented and cultured to work together. Because if you have A good FX person next to a good, even public market equity person. Both of those will generate better returns for sitting next to each other. Similarly, on the private investing side, it's not just about currencies, but about sourcing. If you have somebody who can source private equity in a given country, they should be able to suss out the good private credit opportunities as well. So you have all of these return synergies if you build an integrated firm in emerging markets.”
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