earnings
confidence high
sentiment positive
materiality 0.85
TPG Q1 AUM $137B (+14% YoY), GAAP net income $25M, announces Angelo Gordon acquisition
TPG Inc.
2023-Q1 EPS reported
-$0.01
revenue$643,145,000
- Total AUM $137B as of Mar 31, 2023 (+14% YoY from $120B); dry powder near record $43B.
- GAAP net income attributable to TPG Inc. $25M, basic EPS $0.27; Fee-Related Earnings $99M (margin 37%).
- After-tax Distributable Earnings $88M ($0.24 per share); quarterly dividend $0.20 payable June 5.
- TPG announces strategic acquisition of Angelo Gordon, a multi-strategy alternatives platform in credit and real estate.