Kathy Elsesser
on January 15, 2025, the board of directors of the Company appointed Kathy Elsesser as an independent director.
Highest-materiality recent filing
TPG completes $500M offering of 4.875% Senior Notes due 2031
Issuer TPG Operating Group II, L.P. sold $500M aggregate principal of 4.875% Senior Notes due 2031.
TPG reports record FY2025: $51B raised, $52B deployed, AUM tops $300B
Full year 2025: $51B raised and $52B deployed, both new records.
TPG and Jackson form strategic partnership with $12B AUM commitment, $500M cross-investment
TPG to manage minimum $12B of Jackson's general account assets, with incentives for $20B target.
TPG Q3: $18B capital raised, $15B deployed (up 70% YoY), $0.45 dividend
Raised more than $18B of capital in Q3, including first close in private equity funds and strong credit fundraising.
TPG Q2 2025 Distributable Earnings up 26% YoY; record $0.59 dividend declared
Distributable Earnings increased 26% year-over-year in Q2 2025.
TPG Q1 2025: $0.41 dividend, $57B dry powder, Peppertree acquisition announced
Declared quarterly dividend of $0.41 per Class A share, payable June 2, 2025 to holders of record May 19, 2025.
TPG to acquire Peppertree Capital Management for up to $660M cash/equity plus $300M earnouts
Consideration: up to $242M cash + $418M equity at closing, plus earnouts up to $300M based on performance.
TPG upsizes revolving credit facility to $1.65B, extends maturity to 2030
Revolver increased from $1.2B to $1.65B; maturity extended from Sept 2028 to May 2030.
TPG Q3 2024: AUM up 76% to $239B; FRE $191M (+22% YoY); dividend $0.38
GAAP net income $9M ($0.04 EPS); after-tax Distributable Earnings $189M ($0.45 per share).
TPG Q2 2024: AUM $229B (+65% YoY), FRE $201M (+60%), GAAP loss $14M
GAAP net loss $14M ($0.15 basic loss per share); Fee-Related Earnings $201M (+60% YoY) with 44% margin.
TPG Q1 AUM $224B (+63% YoY); FRE $182M (+84%); dividend $0.41
AUM $224B (+63% YoY) driven by organic growth and Angelo Gordon acquisition.
on January 15, 2025, the board of directors of the Company appointed Kathy Elsesser as an independent director.
On October 2, 2024, Josh Baumgarten informed the board of directors (the “Board”) of TPG Inc. (the “Company”) that he is resigning from his position as a director of the Company, effective as of October 7, 2024, and intends to transition from the Company as of year-end.
Max materiality 0.85 · Median 0.55 · Most common event earnings