TPG related stories
All articles and analysis
Turkish funds prepare for 'high growth'Actera co-founder Murat Çavusoglu told a standing room only crowd at the PEI Turkey Forum that much has changed since local entrepreneurs used to cling to the Turkish saying, 'May God never force you to sell your company'.
- Listed Apollo affiliate writes up private equity holdings
AP Alternative Assets has written up all of its biggest private equity investments and seen its NAV rise 29% from 30 June, as Apollo reportedly nears a long expected public listing.
- TPG eyes struggling Japan Airlines
The firm may try to replicate one of its greatest triumphs - the successful turnaround of Continental Airlines - in a deal that could reportedly be worth $300m or more.
- TPG disputes ATO tax claim
The Australian Taxation Office has sought to freeze TPG's accounts in Australia, alleging the private equity firm owes $423m in taxes on the proceeds of its Myer exit.
- Northstar buys into Indonesian mining contractor
TPG's Indonesia affiliate has paid an estimated $400m for a 40% stake in Delta Dunia Makmur, which recently purchased a major Indonesian mining contractor.
- TPG, CPPIB team up for $5.2bn pharma buyout
The take-private of IMS Health, comprising $4bn in equity and $1.2bn in debt, is the biggest buyout proposed this year.
- Private equity firms eye Asian FIG deals
Bain and General Atlantic will submit bids estimated in the $1bn region for Morgan Stanley’s stake in CICC, while Blackstone and KKR are reportedly bidding for AXA’s stake in China’s Taikang Life.
- How fashions have changed
From the golden age to the age of pragmatism: private equity is an industry with evolving strategic priorities. PEI looks at how tastes have altered in five key respects.
- NY Teachers’ invests $75m in Angelo Gordon fund
AG Capital Recovery Partners VII is targeting $3bn for investments in senior secured debt of companies heading for, or already in, bankruptcy.
- TPG backs natural gas company with $500m
Houston-based Valerus Compression will use the proceeds in part to refinance debt. The deal is predicated on growth in international natural gas production.