I sold out of TRG a few weeks ago at an average of $5.50.
When it all comes down to it, this company is primarily operating in the funds management business. I've come to the conslusion recently that no matter how successful a fund manager is currently, they're going to experience slower growth going forward as a result of the ongoing bear market.
That's not to say that TRG won't grow- it will.
My exit is just based on a personal decision to reduce all risks.