TPG related stories
All articles and analysis
US lobbying association seeks more membersThe handful of major firms backing the Private Equity Council will open membership to other GPs, including small firms that may make a better impression on Capitol Hill.
- Dividend recap rush
Thinking of doing a dividend recap? You’d better do it this year: a 2001 tax cut for dividend recaps expires at the end of 2010.
- Colony expands PE with TPG hire
The Los Angeles-based real estate fund manager has appointed former TPG exec Justin Chang to lead its push into private equity.
- CHAMP appoints advisors for potential IPO of Study Group
The education company could reportedly raise up to A$600m from a listing on the Australian Securities Exchange, although a trade sale will also be considered.
- LACERA: Infrastructure is ‘riskier’ than private equity
The infrastructure market is too underdeveloped to be worth the risk, the $30.5bn pension said, deciding to hold off on committing to the asset class.
- Starwood-led group in $905m hotel recap
Extended Stay’s board has backed the offer from Starwood, TPG and Five Mile, saying it would value the bankrupt company at $3.9bn.
- Huawei cancels plans for $2bn mobile products sale
What was expected to be a battle between Bain and Silver Lake for one of the largest-ever private equity deals in China has been put on hold.
- TPG in Indian clean energy deal
AIM-listed Greenko has raised £72m, which includes a £21m investment from TPG. The investment marks the global private equity firm’s first foray into the clean energy sector in India.
- Advantage to invest ¥5.3bn in Willcom turnaround
The Japanese firm will partner with Softbank to acquire the company’s XGP mobile network service business.
- Lone Star puts $3.9bn KEB stake up for sale
The private equity firm has failed on two previous attempts to sell its controversial 51% holding in the Korean bank.