Latest news with #TPGInc
Business Wire
28-05-2025
- Business
- Business Wire
TPG to Present at the Morgan Stanley U.S. Financials Conference
SAN FRANCISCO & FORT WORTH, Texas--(BUSINESS WIRE)--TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, announced today that Todd Sisitsky, President, is scheduled to present at the Morgan Stanley U.S. Financials Conference on Wednesday, June 11, 2025 at 12:15 p.m. ET. A live audio webcast of the discussion will be available on the Investor Relations section of TPG's website at For those unable to listen to the live webcast, a replay will be available on the Events page of TPG's website shortly after the event. About TPG TPG is a leading global alternative asset management firm, founded in San Francisco in 1992, with $251 billion of assets under management and investment and operational teams around the world. TPG invests across a broadly diversified set of strategies, including private equity, impact, credit, real estate, and market solutions, and our unique strategy is driven by collaboration, innovation, and inclusion. Our teams combine deep product and sector experience with broad capabilities and expertise to develop differentiated insights and add value for our fund investors, portfolio companies, management teams, and communities.
Yahoo
19-05-2025
- Business
- Yahoo
TPG (TPG) Fell Despite Reporting Above-Expected Distributable Earnings
TimesSquare Capital Management, an equity investment management company, released its 'U.S. Focus Growth Strategy' first quarter 2025 investor letter. A copy of the letter can be downloaded here. The broad-based downturn in US equities underperformed overseas markets in the first quarter. In this negative environment, the strategy outperformed the index in the first quarter. The strategy returned 2.42% (gross) and 2.20% (net) compared to a -7.12% return for the Russell Midcap Growth Index. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, TimesSquare Capital U.S. Focus Growth Strategy highlighted stocks such as TPG Inc. (NASDAQ:TPG). Based in Fort Worth, Texas, TPG Inc. (NASDAQ:TPG) is an alternative asset manager. The one-month return of TPG Inc. (NASDAQ:TPG) was 19.31%, and its shares gained 21.03% of their value over the last 52 weeks. On May 16, 2025, TPG Inc. (NASDAQ:TPG) stock closed at $51.91 per share with a market capitalization of $19.18 billion. Polen Focus Growth Strategy stated the following regarding TPG Inc. (NASDAQ:TPG) in its Q1 2025 investor letter: "Offsetting gains was a -24% showing from private equity manager TPG Inc. (NASDAQ:TPG). While distributable earnings were above expectations, the underlying fee-related revenues were below. Some of that disconnect came from the consolidation of recently acquired Angelo Gordon in TPG's numbers, which will be measured on an apples-to-apples basis going forward." A successful businessman shaking hands with a client in a modern office building, celebrating a successful financial transaction. TPG Inc. (NASDAQ:TPG) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 33 hedge fund portfolios held TPG Inc. (NASDAQ:TPG) at the end of the fourth quarter which was 20 in the previous quarter. While we acknowledge the potential of TPG Inc. (NASDAQ:TPG) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered TPG Inc. (NASDAQ:TPG) and shared the list of small cap financial stocks hedge funds are buying. Vulcan Value Partners established a position in TPG Inc. (NASDAQ:TPG) during Q1 2025. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
07-05-2025
- Business
- Yahoo
TPG Boosts Digital Infrastructure Portfolio With $660 Million Peppertree Acquisition
TPG Inc. (NASDAQ:TPG) shares are trading lower on Wednesday. On Tuesday, the company disclosed a deal to acquire Peppertree Capital Management, Inc. in a cash and equity deal worth up to $660 million. The transaction involves a combination of cash and equity, estimated at up to $242 million in cash and up to $418 million in equity payable upon closing, with both amounts subject to certain adjustments. The agreement also includes potential earnout payments of up to $300 million based on Peppertree's future performance. Also Read: Sabre Divests Hospitality Arm To TPG For $1.1B, Plans Debt Reduction The transaction has been approved by TPG's Board of Directors and is anticipated to close in the third quarter of 2025, subject to standard closing conditions. Upon completion, Peppertree is poised to significantly enhance TPG's capabilities in developing wireless communication towers and network infrastructure. This increased scale is anticipated to complement TPG's existing leading position across its Internet, Digital Media & Communications (IDMC) platform. The combined assets under management (AUM) of TPG and Peppertree is projected to be $253.6 billion on a pro forma basis, and the transaction is expected to immediately increase TPG's fee-related earnings and after-tax distributable earnings per share upon closing. David Trujillo and John Flynn, Partners at TPG, added, 'Peppertree's track record of investing in high-quality wireless communications towers and critical digital infrastructure assets, combined with TPG's thematic investing approach and legacy of scaling innovative internet and communications companies, positions us to leverage our collective insights and expertise to build high-quality, growing digital infrastructure-related businesses.' In a separate release, TPG, in partnership with Corpay, agreed to acquire AvidXchange Holdings, Inc. for $10 per share in a cash transaction valued at $2.2 billion. As of December 31, TPG's cash and cash equivalents stood at around $147 million. TPG plans to release first-quarter earnings before the market opens on May 7, 2025. Investors can gain exposure to the stock via Invesco Global Listed Private Equity ETF (NYSE:PSP) and EA Series Trust WHITEWOLF Publicly Listed Private Equity ETF (BATS:LBO). Price Action: TPG shares are down 1.28% to $45.60 at the last check on Wednesday. Read Next: Photo by PreciousJ via Shutterstock UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets.
Bloomberg
06-05-2025
- Business
- Bloomberg
TPG to Buy Peppertree as It Pushes Into Infrastructure Investing
TPG Inc. is buying wireless tower investment firm Peppertree Capital Management as the alternative asset manager expands further into digital infrastructure. The San Francisco-based firm will acquire Peppertree for about $242 million in cash and as much as $418 million in equity, according to a statement Tuesday. The deal also includes earnouts valued at up to $300 million based on Peppertree's future performance.
Bloomberg
01-05-2025
- Business
- Bloomberg
Rory McIlroy Teams Up With TPG to Launch Sports Investment Fund
Just weeks after winning his first Masters title, golf star Rory McIlroy is linking up with investment firm TPG Inc. to launch a sports fund, joining an increasing number of current athletes delving into asset management. The new venture, TPG Sports, has an anchor commitment from an investment vehicle managed by Lunate, an Abu Dhabi-based investment firm with about $110 billion under management, according to a statement Thursday. The size of the fund wasn't disclosed.
