TPG
TPG is a global alternative asset management firm founded in 1992, managing $224 billion in assets with operations in over 30 countries and more than 1,800 employees.
Company Overview
Founded in 1992, TPG is a global asset management firm managing $224 billion in assets. The company operates in more than 30 countries and employs over 1,800 people worldwide. TPG has over 300 active portfolio companies, with 75% of its investors spread across three or more of its products. The firm's platforms include Capital, Growth, Impact, TPG Angelo Gordon, Real Estate, and Market Solutions.
TPG's Platforms and Focus Areas
TPG's investment platforms cater to a variety of sectors. TPG Capital specializes in large-scale control-oriented private equity with $71 billion AUM. TPG Growth focuses on growth equity and middle-market private equity with $27 billion AUM. TPG Impact places emphasis on societal and financial outcomes with $19 billion AUM. TPG Angelo Gordon, acquired in 2023, focuses on global credit and real estate with $80 billion AUM. TPG Real Estate handles diversified thematic investments with $18 billion AUM. TPG Market Solutions addresses specific market opportunities with $8 billion AUM.
Historic Milestones
Several key milestones have defined TPG's growth over the years. The firm's Growth platform was founded in 2007 and now manages $27 billion in assets. In 2009, TPG Real Estate Partners was established, amassing $11.7 billion AUM. The TPG Real Estate Finance Trust launched in late 2014 and went public in July 2017. TPG Public Equities was formed in 2013 and manages approximately $3.3 billion AUM. The TPG Strategic Capital Fund launched in 2020 with $625 million AUM.
Strategic Initiatives
TPG has consistently pioneered initiatives aimed at fostering diversity and sustainable investments. The DE&I Council, led by a 14-member partner steering committee, was created in 2015. In 2019, TPG launched the TPG NEXT initiative to support emerging and diverse alternative asset managers. TPG Rise Climate, established in 2021 with $9.5 billion AUM, aims to tackle global climate change. Notably, TPG has been a signatory to the UN Principles of Responsible Investment since 2013.
Recent Investments and Partnerships
In recent years, TPG has made several significant investments and formed strategic partnerships. Notable investments in 2024 include nearly $8 billion raised for Asian private equity and real estate. TPG Rise Climate acquired Olympus Terminals, a leading renewable fuels logistics provider, and made a $235 million strategic investment in Sayari. Additionally, TPG partnered with Hassana Investment Company in a $1.5 billion strategic partnership under TPG Rise Climate.