TPG related stories
All articles and analysis
KKR founders defend mega-deals, outline past regretsRegret over ‘drinking the Kool-Aid’ during the tech bubble was among many industry and firm-specific issues Henry Kravis and George Roberts discussed in an interview with the Wall Street Journal.
- TPG checks out of Debenhams with £500m profit
The £96m exit marks the end of a turbulent relationship between the retailer and its consortium of private equity owners.
- Capmark failure spells $2bn loss for KKR, Goldman
The real estate lender has filed for bankruptcy protection. Sponsors KKR, Five Mile and Goldman Sachs are set to record one of the biggest private equity losses in history.
- TPG, BankInvest invest $50m in Vietnamese conglomerate
TPG's second Vietnam deal is for a stake in one of the country's largest private companies, Masan Group, whose interests include food production and financial services.
- Welcome gestures
Some fund managers would do well to follow the lead of TPG, which will voluntarily return $20m in fees given lower deal volumes, writes Amanda Janis.
- TPG-backed XOJET secures $470m
The latest funding raised by the private jet company – which competes with Warren Buffet’s Net Jets – was led by TPG and Abu Dhabi-based Aabar.
- LPs gain ground in PAI negotiations
The Paris-based buyout firm has offered LPs a larger cut in the size of their commitments to Fund V.
- One Equity backs $1bn Russian fund
JPMorgan’s private equity arm will invest in Russia alongside the investment fund of Russian tycoon Vladimir Potanin. VC firm DFJ also recently partnered a second local Russian group.
- GA, Colony purchase US retail bank
The two private equity firms have partnered with First Republic’s management to carve out the group from BofA for a reported $1bn.
- Sun Capital agrees to shrink Fund V to $5bn
The firm has agreed to allow LPs in the fifth fund to shrink commitments by up to 30%.