
TPG
Description
TPG, originally known as Texas Pacific Group, is a prominent global alternative asset firm established in 1992. Headquartered in San Francisco and Fort Worth, TPG has evolved into a diversified investment powerhouse, managing capital across a broad spectrum of strategies including private equity, growth equity, real estate, impact investing, and public market strategies. The firm is recognized for its deep sector expertise and a hands-on approach to value creation, partnering with management teams to drive operational improvements and strategic growth.
TPG operates through several distinct platforms tailored to specific investment opportunities. TPG Capital focuses on large-scale private equity buyouts, targeting mature companies with significant potential for transformation. TPG Growth, on the other hand, specializes in growth equity and middle-market buyouts, investing in dynamic companies across various stages of development. Additionally, TPG Rise is a leading impact investing platform dedicated to achieving measurable social and environmental impact alongside financial returns, while TPG Real Estate focuses on global real estate investments.
With over $224 billion in assets under management as of Q4 2023, TPG demonstrates its substantial scale and influence in the global investment landscape. The firm's investment sizes vary significantly depending on the specific fund and strategy. For instance, TPG Growth's typical equity investments range from approximately $50 million to $300 million, targeting high-growth companies. In contrast, TPG Capital's buyout deals often involve equity checks starting from several hundred million dollars and extending into the billions, reflecting their focus on large, established enterprises. This diverse approach allows TPG to engage with companies across a wide range of sizes and industries, from emerging disruptors to global market leaders.
Investor Profile
TPG has backed more than 227 startups, with 15 new investments in the last 12 months alone. The firm has led 108 rounds, about 48% of its total and boasts 90 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Private Equity, Series Unknown, Series B rounds (top funding stages).
- Majority of deals are located in United States, India, China.
- Strong thematic focus on Health Care, Software, Biotechnology.
- Led 9 rounds in the past year.
- Typical check size: $50M – $2000M.
Stage Focus
- Private Equity (32%)
- Series Unknown (15%)
- Series B (12%)
- Series C (12%)
- Post Ipo Equity (8%)
- Series D (4%)
- Series A (4%)
- Secondary Market (4%)
- Debt Financing (2%)
- Seed (2%)
Country Focus
- United States (67%)
- India (8%)
- China (5%)
- United Kingdom (2%)
- South Korea (2%)
- Germany (2%)
- Australia (2%)
- Brazil (1%)
- Singapore (1%)
- Vietnam (1%)
Industry Focus
- Health Care
- Software
- Biotechnology
- Financial Services
- Information Technology
- Manufacturing
- Medical
- Fintech
- Finance
- Internet
Frequently Asked Questions
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