TPG related stories
All articles and analysis
Angelo Gordon hires RREEF exec to lead Japan pushJon Tanaka has been appointed managing director and head of Japan in charge of Angelo Gordon’s real estate activities in the country.
- Blackstone officially opens in Oz
The alternative asset manager is the latest to open an office in Sydney, having set the wheels in motion to do so last year.
- Strategic Value hires ex-RREEF executive
Benjamin Young, the former chief investment officer of RREEF’s opportunity funds, has joined Strategic Value Partners as global head of real estate. SVP has also hired Georg Strassner, formerly with Morgan Stanley subsidiary Argoneo.
- Manager selection key for Asian PE
The lack of experienced and stable teams in Asia still remains a major bottleneck to investors, according to a new survey.
- TPG gets green light on SDB sale
Ping An Insurance has received regulatory approval to purchase TPG’s 17% stake in Shenzhen Development Bank. The acquisition will be paid in Ping An shares and looks set to make TPG at least an 8x return on its initial investment.
- Should you join the PEC?
Lobbying organization the Private Equity Council is welcoming more members into the fold – but many firms are cautious about joining a club launched by mega buyout GPs.
- TPG chief: Your grandmother could've done an LBO in '07
Markets have rebounded – and quickly enough to make 'low hanging' distressed opportunities scarce – but don't expect to see buyouts at 2007 levels, according to David Bonderman, Leon Black, Scott Sperling and Ted Virtue.
- The post-golden era
This year’s PEI 300 is populated with familiar names, but as the mid-2000s fundraising boom recedes into history, expect a radical shuffling of the ranks, writes David Snow.
- TPG enters retail RE space
TPG Capital and Caruso Capital Partners have formed a joint venture that will invest as much as $750m of debt and equity in retail centers and mixed-use properties in the western US.
- Goldman’s ‘silent giant’ is world’s largest PE firm
The newly unveiled PEI 300 ranks Goldman Sachs Principal Investment Area as the largest private equity direct investment programme in the world, just ahead of Carlyle and KKR. The 300 firms on the list have collectively raised less capital over the past five years than in previous years’ rankings.