secwatch.observer — SEC 8-K summary
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Issuer:     TPG Inc. (TPG)
CIK:        0001880661
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001880661-23-000100
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TPG Q3 GAAP net income $15M ($0.14/share), Fee-Related Earnings +29% YoY to $156M, closes Angelo Gordon acquisition
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- GAAP net income of $15M ($0.14 per share); Fee-Related Earnings of $156M, up 29% YoY; FRE margin 49%.
- After-tax Distributable Earnings of $196M ($0.56/share); quarterly dividend declared at $0.48/share.
- Total AUM $136B as of Sep 30, 2023; combined AUM with Angelo Gordon $212B.
- Acquisition of Angelo Gordon closed Nov 1, 2023, expanding credit and real estate capabilities.
- Jon Winkelried cites strong deal flow and long-term secular trends in alternatives.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1880661/000188066123000100/0001880661-23-000100-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1880661/000188066123000100/tpg-20231107.htm
  HTML page:      https://secwatch.observer/filing/0001880661-23-000100

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer