US EditionTPG raises $560M+ for emerging, diverse GP stakes vehicle
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TPG raises $560M+ for emerging, diverse GP stakes vehicle
Private equity giant TPG has raised at least $564.5 million for its inaugural vehicle earmarked to take GP stakes in diverse and emerging fund managers. The San Francisco-based firm, with approximately $250 billion AUM, has secured backing from at least 14 investors for TPG NEXT (A) LP and its parallel vehicle, according to new regulatory filings. Launched in 2023, the fund was seeded with $500 million from the California Public Employees’ Reti…
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