One of the largest alternative asset management companies in the United States: TPG, Inc. (TPG)

Star stocks in the US Asset management company comment 61K thirty-three

TPG , Inc. (NASDAQ: TPG), formerly known as Texas Pacific Group , founded by Jim Coulter and David Bondman in 1992, headquartered in Fort Worth, Texas, USA, with 1850 full-time employees, is a private investment company responsible for managing the capital of a series of funds.

The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/tpg.html

TPG, Inc. (TPG)

TPG is the world's leading alternative asset management company, managing about $109 billion in assets. Jim Coulter and David Bonderman, former colleagues of Bass Family Office, founded TPG in 1992 and opened the company's first office in San Francisco. With its family office roots, entrepreneurial tradition and West Coast base, TPG has developed a unique alternative investment approach based on innovation driven growth, affinity for subversion and technology, and a unique culture of openness and collaboration. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/tpg.html

TPG's principled focus on innovation enables its business to develop orderly and organically. Incubating, releasing and expanding new platforms and products organically - usually in the early stages of important industry trends - have been embedded in the company's DNA. For more than 30 years, TPG has developed an ecosystem of insight, participation and collaboration in its platforms and products, including more than 280 active portfolio companies headquartered in more than 30 countries/regions. With a rich track record, diversified investment strategies and strategic positioning in high growth areas such as technology, healthcare and influence, TPG is helping shape the future of alternative asset management. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/tpg.html

TPG is led by Chief Executive Officer Jon Winkelried, who will become the sole CEO in 2021 after serving as the co CEO since 2015. Together with Mr. Winkelried, TPG's leadership team is composed of world-class executives and business leaders with an average of 27 years. With rich professional experience, TPG has an average tenure of more than 12 years at TPG, and has been supported by a group of talented professionals. TPG operates through 12 offices in 8 countries, providing a large number of global footprints and networks for the company to purchase transactions, raise funds and promote investment value. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/tpg.html

TPG Capital is Largest in the United States It is one of the private equity investment companies in Vosberg, Menlo Park, San Francisco, Hong Kong, Moscow, Shanghai, London, Mumbai, Singapore, Luxembourg, New York, Tokyo, Melbourne, Paris and Washington. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/tpg.html

The business of Texas Pacific Group is mainly to provide financial support for company transformation, management acquisition and capital restructuring. The industries in which the Group invests include communication media and telecommunications, industrial stocks, technology, and medical care. The latest fund raising of the Group (TPG Healthcare Partners) was completed in 2019 - raising 2.6 billion US dollars, bringing the total raised funds of the Group to 35.8 billion US dollars. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/tpg.html

According to its website, TPG manages $109.1 billion in assets. Its closest peers, including Blackstone Group Inc. Carlyle Group Inc. Apollo Global Management Inc. and KKR & Co. , have been publicly traded. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/tpg.html

TPG's assets under management at the end of the most recent quarter were $109.1 billion, with a CAGR of 13.4% since 2016. The company said its investment approach revolves around five platforms: (1) capital, (2) growth, (3) impact, (4) real estate And (5) market solutions. These platforms include its well-known acquisition funds, growth stock funds, influence investment, real estate holdings, and public stock, SPAC and capital market activities. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/tpg.html

TPG has wagered on private equity, real estate and hedge funds, and also has its own SPAC platform. Last year, it ended its partnership with the credit platform Sixth Street. TPG is Uber Technologies Inc. and Airbnb Inc. Early investors. Other noteworthy investments include: First Data Bicara BigPanda Chobani CrownX Fractal Analytics Lenskart Neiman Marcus Vice Media Toast McAfee Monogram Monolith Materials Onapsis Phononic Project44 PropertyGuru ShadowFax Sudo Biosciences thatgamecompany A harmonious family UBQ Zenefits Zipline wait. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/tpg.html

For the 12 months ended September 30, 2021, TPG Capital's revenue was $5.4 billion. The article originates from the home of American stocks | encyclopedia of American stocks | account opening and investment of American and Hong Kong stocks- https://www.mg21.com/tpg.html

TPG, Inc. (TPG) fund products

Issue Date
Fund name
Fund raising amount
Jun 28, 2019
TPG Healthcare Partners
$2.6 billion
Jun 28, 2019
TPG Partners VIII
$112 in
May 6, 2019
TPG Tech Adjacencies fund
$1.6 billion
Feb 11, 2019
TPG Capital Asia VII
$4.6 billion
Jun 12, 2018
Asia Focused Fund
Jun 21, 2017
TGP Fund III
May 9, 2016
TPG Partners VII
$10.5 billion
Oct 7, 2015
TPG Real Estate Partners II
$2 billion
May 23, 2014
TPG ASIA FUND VI
$3.3 billion

TPG, Inc. (TPG) is listed

In July 2021, Bloomberg reported that TPG, an alternative asset management company, was considering adopting the traditional IPO Or with a family Special purpose acquisition company The valuation may exceed US $10 billion after merger.

On December 16, 2021, TPG, a global alternative asset management company, submitted an IPO application to the U.S. Securities and Exchange Commission on Thursday to raise up to $100 million in the initial public offering (placeholder, we expect to raise up to $1.5 billion). TPG is planned to be listed on NASDAQ with the code of TPG.

On January 13, 2022, TPG, Inc. issued 33.9 million shares at a price of $29.50 to raise $1 billion. The company plans to pay a dividend of at least 85% of its distributable earnings every quarter. J.P. Morgan , Goldman Sachs , Morgan Stanley , TPG Capital BD, BofA Securities , Citigroup , Deutsche Bank , Evercore ISI , UBS Investment Bank , Wells Fargo Securities, BMO Capital Markets , and Barclays Is the underwriter of the transaction.

TPG, Inc. (TPG) History Encyclopedia

  • In 1993, David Portman acquired Continental Airlines, which declared bankruptcy, and then founded Texas Pacific Group.
  • In July 2002, Texas Pacific Group urger king Bain Capital and Goldman Sachs Capital Partners Management buyouts were conducted.
  • In 2005, the Group and Sony Corporation Jointly acquired MGM with other private companies, while high-end retailers Neiman Marcus It is also included under it. Texas Pacific Group also owns Baili Shoes and pets food Company and J Crew shares.
  • On November 17, 2003, Anlon proposed to purchase Portland General Electric. However, the concern, speculation and even the issued documents of all circles on the liabilities all point out that TPG is likely to expand its short-term profits and eventually cause losses to the consumers of public utilities. The supervisor of the Oregon Public Utilities Commission therefore vetoed the purchase on March 10, 2005.
  • In October 2005, Texas Pacific Group purchased about 6% of the equity of Vietnam's FPT Group with US $21.5 million. The company's main business is the sales of mobile communication services and mobile phones. It is worth mentioning that this transaction is the first investment that Wang Xuan, former CEO of TOM Group, participated in after becoming a partner of Detai.
  • In June 2006, Texas Pacific Group won the bid of Univision, the largest Spanish language media in the United States, with the help of American children's TV tycoon Heim Saban. However, the shareholders of the Company filed complaints against the relevant transactions.
  • On June 23, 2006, Texas Pacific Group and Newbridge Investment Group confirmed that they had sent a letter to the board of directors of PCCW Limited in Hong Kong to submit a proposal for the acquisition of their telecommunications media assets.
  • In November 2006, it was reported that Texas Pacific Group had acquired Australia airline company , and Macquarie in Australia bank To form an international consortium called "Qantas Partners".
  • On 1 December 2006, it was reported that the Texas Pacific Group and Kohlberg Kravis Roberts Both set out to study whether it would be possible for the second largest retailer in the United States Home Depot Propose a financing merger of US $1000 billion.
  • On December 19, 2006, Haras Entertainment announced that the board of directors voted to accept Apollo Global Management And Texas Pacific Group for US $1.7 billion or US $90 per share.
  • At the beginning of 2007, the company officially changed its name to TPG Capital, renaming all its funds in different regions. The company's Asian fund has traditionally been managed by TPG Newbridge, a joint venture with Blum Capital.
  • In 2007, Texas Pacific Group was working with Panasonic Industry talks about acquiring JVC.
  • On April 7, 2008, TPG led an investment of US $7 billion in Washington Mutual. On September 25, 2008, Washington Mutual was taken over by the US government, and TPG lost $1.35 billion. Some analysts called it "the worst deal in the history of private equity".
  • On June 10, 2010, TPG announced that it would acquire the insurance industry with 1.4 billion dollars Software Provider Vertafore.
  • On July 13, 2011, TPG Capital's subsidiary acquired PRIMEDIA for about $525 million or $7.10 per share in cash. TPG and other private equity firms Apollo Global Management will launch their Norwegian Cruise Line (Norwegian Cruise Lines).
  • In July 2013, TPG announced that it would acquire the global market from Charterhouse Group education Publisher TSL Education (later TES Global, publisher of TES magazine), with a cost of about 600 million dollars.
  • In February 2014《 Financial Times 》It was reported that TPG considered IPO listing, but later decided to keep private in March 2017.
  • TPG and film producer Robert Simonds, Jr. announced in March 2014 that they had established a partnership with China Hony Capital to produce as many as 10 "star driven" films every year, with a mid-range budget of about 40 million dollars for each film.
  • In the first half of 2014, the company began to raise special funds for real estate. Its goal is $1.5 billion to $2 billion. By October 2015, the company had exceeded its target and raised more than $2 billion.
  • In April 2014, TPG announced that it had invested £ 200 million in Victoria Plumb after purchasing a majority stake. In November 2014, Prezzo Holdings agreed to TPG's acquisition at a price of GBP303.7 million.
  • On June 23, 2014, TPG Capital acquired the company with A $1215 million (about RMB 7.075 billion) Cushman&Wakefield
  • On November 17, 2014, Texas Pacific Group acquired the British restaurant chain Prezzo for 304 million pounds.
  • On May 11, 2015, TPG Capital acquired Gaowei Global for US $2 billion, including 75% equity held by Exo, the holding company of the Agnelli Family in Italy. Gaowei Global and its Daideliang Branch were merged into Largest in the world The real estate service company of Gaowei Global will be the brand of the new company after the merger.
  • From 2015 to 2018, participated in the security and system management platform of the United States for three times unicorn Tanium Inc. Investment.
  • In 2016, TPG Growth, TPG Capital's growth equity and smaller acquisition investment unit, acquired Frank Recruitment Group, a technical talent recruitment company, at a price of 200 million pounds.
  • In January 2017, TPG acquired Largest in Europe A&O Hotels and Hostels.
  • On January 25, 2017, TPG announced that after nearly two years of searching, it had hired Bradford Berenson as its general counsel. Berenson once served as GE (GE), where he "is responsible for litigation, government and internal investigations, compliance, and legal policy worldwide." From 2001 to 2003, Bereson served as the White House assistant legal adviser to President George W. Bush.
  • In April 2017, TPG Capital and Intel Joint venture, reorganized the original Intel Security business and renamed it McAfee TPG Capital holds 51% shares and Intel holds 49% shares.
  • In July 2017, Ajay Kanwal and Naveen Chopra joined TPG as senior consultants.
  • In September 2017, TPG Capital acquired a majority stake in Novotech Clinical Research, Australia's largest contract research institution.
  • In November 2017, TPG Capital acquired Mendocino Farms; Harald Herrmann, former CEO of Yard House, was appointed as CEO.
  • In 2018, Manual Hospitals and TPG Capital acquired Fortis Healthcare at a price of 39 billion rupees.
  • On July 31, 2019, TPG Capital sold Hemujia Medical Group to Xinfeng Tianyu Group for US $1.3 billion. At present, Hemujia Medical has 9 hospitals (2 under construction) and 14 clinics in Beijing, Shanghai, Guangzhou, Tianjin, Qingdao, Hangzhou, Boao and other cities.
  • In 2020, TPG joined Diligent Corporation And committed to creating five new board positions for ethnically diverse candidates in its portfolio companies.
  • On February 25, 2021, AT&T Announced that DirecTV, U-verse and AT&T TV will be split into an independent entity, and 30% of the shares will be sold to TPG Capital, while retaining 70% of the shares of the new independent company. The transaction is expected to be completed in the second quarter of 2021.
  • On August 17, 2022, Bloomberg reported that TPG Inc., a private equity company, was reportedly considering selling Immucor Inc., a diagnostic equipment manufacturer, for $2 billion.
  • On April 20, 2023, AmerisourceBergen (ABC) and TPG are jointly acquiring Oncology, an oncology practice group, with a transaction value of $2.1B.
  • On May 6, 2023, TPG Inc. was negotiating to acquire Angelo Gordon, an alternative investment manager, but the deal had not yet been finalized.
  • On May 15, 2023, TPG, an alternative asset management company, agreed to acquire Angelo Gordon in a cash and equity transaction worth about 2.7B dollars.
  • On July 10, 2023, TPG Inc. said that it agreed to acquire Forcepoint government from Francisco Partners at an undisclosed price network security Business.
  • On April 3, 2024, TPG, the global alternative asset management company, announced today that it had signed a final agreement to acquire the national leading collision repair multi site operator Classic Collision. TPG Capital, TPG's US and European private equity platform, will acquire the business from New Mountain Capital. Classic Collision's management team will continue to invest in the company. The terms of the transaction were not disclosed.

TPG, Inc. (TPG) US equity investment

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  Last updated: 2024-5-1
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  • Leading stock of US stock market
  • US Equity Asset Management Company
  • US equity venture capital companies
  • 1990s
  • Alternative investment platform
  • TPG Capital
  • Texas Pacific Group
  • TPG Inc.
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