Sixth Street Buys TPG Partners' Stake at $10 Billion Value [Yahoo! Finance]
TPG Inc. - Class A (TPG)
Company Research
Source: Yahoo! Finance
Most Read from Bloomberg How Air Conditioning Took Over the American Office A Guide to Urban Swimming in Europe, Beyond the Seine Hong Kong's Arts Hub Turns to Selling Land to Stay Afloat Sixth Street paid more than $1 billion last month as it exercised an option to repurchase the stake, the person said. The deal was prompted by TPG Inc. becoming a direct competitor to Sixth Street through the purchase of credit firm Angelo Gordon, which was completed in November. Representatives for San Francisco-based Sixth Street and TPG declined to comment. Sixth Street, founded in 2009 and led by Chief Executive Officer Alan Waxman, has more than $75 billion of assets under management. In 2020, Sixth Street and TPG told investors they'd operate as independent organizations. TPG transferred its stake in Sixth Street to a group of individual partners before it went public in early 2022. The 2020 decision was spurred by the rapid growth of the two firms, and a partnership agreement th
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TPG
News
- Homrich Berg Announces New Minority Investment Partner TPG GrowthBusiness Wire
- India's First AI Unicorn Fractal Said to Weigh $500 Million IPO [Yahoo! Finance]Yahoo! Finance
- TPG Angelo Gordon, Dream Unlimited Corp., and Stadium Capital Partners to Acquire Dutch Residential Real Estate PortfolioBusiness Wire
- Ares Is Said in Advanced Talks on Deal With GLP Capital Partners [Yahoo! Finance]Yahoo! Finance
- TPG Inc. (NASDAQ: TPG) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $53.00 to $60.00. They now have a "buy" rating on the stock.MarketBeat
TPG
Earnings
- 8/6/24 - Beat
TPG
Sec Filings
- 9/13/24 - Form S-3ASR
- 8/6/24 - Form 10-Q
- 8/6/24 - Form 8-K
- TPG's page on the SEC website