Streetbeat News

TPG

TPG Inc.

https://www.tpg.com

Industry

Asset Management

TPG Inc. operates as an alternative asset manager worldwide. It offers investment management services to unconsolidated funds, collateralized loan obligations, and other vehicles; monitoring services to portfolio companies; advisory services, debt and equity arrangements, and underwriting and placement services; and capital structuring and other advisory services to portfolio companies. The company invests in private equity funds, real estate funds, fund of hedge funds, and credit funds. TPG Inc. was founded in 1992 and is headquartered in Fort Worth, Texas. TPG Inc. operates as a subsidiary of TPG GP A, LLC.

Open

68.79

Mkt cap

24B

Volume

1.3M

High

69.72

P/E Ratio

-202.67

52-wk high

72.98

Low

66.83

Div yield

0.02

52-wk low

38.20

TPG RE Finance Trust, Inc. has declared a cash dividend of $0.24 per share for Q4 2024, payable on January 24, 2025, to shareholders of record as of December 27, 2024.

Portfolio Pulse from

December 13, 2024 | 9:30 pm

David Bonderman, co-founder of TPG and co-owner of the Seattle Kraken, has passed away at 82. Bonderman was a significant figure in private equity, having co-founded TPG, a major asset management firm.

Portfolio Pulse from

December 11, 2024 | 9:45 pm

Veeam, a leader in data resilience, has expanded its investor base with a $2 billion secondary equity offering, achieving a $15 billion valuation. The offering was led by TPG, with participation from Temasek and Neuberger Berman Capital Solutions.

Portfolio Pulse from

December 04, 2024 | 2:30 pm

TPG is considering selling Crunch Fitness, potentially valuing the gym chain at over $1.5 billion, including debt.

Portfolio Pulse from

December 03, 2024 | 7:30 pm

Australia's competition regulator is reviewing the $3.39 billion acquisition of TPG Telecom's enterprise, government, and wholesale fixed business and fiber network assets by Macquarie-backed Vocus.

Portfolio Pulse from

November 18, 2024 | 6:15 am

TPG RE Finance Trust's preferred shares are trading at a discount and offer an 8% yield. The company has increased its loan investment portfolio and has strong liquidity to cover preferred dividends.

Portfolio Pulse from

November 11, 2024 | 3:45 am

TPG has shown strong performance, outpacing the S&P500, supported by a successful IPO and robust balance sheet. The acquisition of Angelo Gordon has increased TPG's assets under management to $239 billion, positioning it for continued growth despite economic risks.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

Caesars Entertainment has agreed to sell the LINQ Promenade to a joint venture between TPG Real Estate and Acadia Realty Trust for $275 million. The deal is expected to close in Q4 2024, pending customary approvals.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 9:03 pm

Banks and private credit firms are competing to provide $5 billion in debt financing for a potential buyout of Bausch + Lomb.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 5:39 pm

Evercore ISI Group analyst Glenn Schorr has maintained an 'In-Line' rating for TPG (NASDAQ:TPG) and raised the price target from $46 to $60.

Portfolio Pulse from Benzinga Newsdesk

October 14, 2024 | 1:08 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.