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

65.26

Mkt cap

24B

Volume

High

65.42

P/E Ratio

-195.97

52-wk high

70.67

Low

63.48

Div yield

0.03

52-wk low

33.69

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.