TPG’s growth-equity group has wasted little time investing its fifth fund, after quietly wrapping up fundraising for the vehicle in mid-August with almost $3.56bn.
The firm has deployed nearly half of TPG Growth V LP, according to people familiar with the matter.
Subscribe to our Newsletter to increase your edge. Don’t worry about the news anymore, through our newsletter you’ll receive weekly access to what is happening. Join 120,000 other PE professionals today.
TPG is a leading global alternative asset firm founded in 1992 with more than $91 billion of assets under management and offices in Beijing, Fort Worth, Hong Kong, London, Luxembourg, Melbourne, Mumbai, New York, San Francisco, Seoul, Singapore, and Washington D.C.
TPG’s investment platforms are across a wide range of asset classes, including private equity, growth equity, impact investing, real estate, secondaries, and public equity. TPG aims to build dynamic products and options for its investors while also instituting discipline and operational excellence across the investment strategy and performance of its portfolio.
Source: Wall Street Journal
Can’t stop reading? Read more
Apollo weighs $1.5bn exit from Heritage Grocers amid shifting U.S. consumer trends
Apollo weighs $1.5bn exit from Heritage Grocers amid shifting U.S. consumer trends Apollo Global...
Pimco books $2bn gain on $27bn Meta data centre debt as AI financing boom accelerates
Pimco books $2bn gain on $27bn Meta data centre debt as AI financing boom accelerates Pimco has...
Citi, Barclays, and Bank of America lead $12.25bn debt package for Blackstone and TPG’s $18.3bn Hologic takeover
Citi, Barclays, and Bank of America lead $12.25bn debt package for Blackstone and TPG’s $18.3bn...