TPG related stories
All articles and analysis
Insights from the PEI 300Our proprietary ranking of the world’s largest private equity firms reveals an intriguing picture of the industry as a whole.
- TSSP snaps up Credit Suisse distressed debt assets
The Swiss bank has advanced its plans to exit the distressed debt space, selling $1.27bn worth of assets to TSSP. The deal results in a $100m charge for Credit Suisse.
- Warburg invests $27m in mobile bank
The New York-based private equity firm has invested in Varo, a mobile-only banking startup.
- IFC, Apollo set to launch $1bn platform for stressed assets
The platform will buy pools of non-performing loans in several emerging markets.
- Warburg Pincus tries on Reiss for size
The firm has acquired a majority stake in the UK fashion retailer in a deal valuing the company at £230 million.
- TPG appoints head of Australia
Joel Thickins joins TPG from Australian PE firm CHAMP, while the country head and Asia co-head Ben Gray is set to leave the firm at the end of the year.
- ECI snaps up pet food retailer stake
The UK mid-market firm’s acquisition of a majority stake in UK pet food company MPM is the third from ECI 10.
- Caesars’ examiner estimates damages of up to $5.1bn
A court ordered examiner’s report on the Caesars bankruptcy posited that potential damages related to the company’s spin-off of certain valuable assets ahead of the debt restructuring could be in the $3.6 billion to $5.1 billion range.
- Carlyle receives 2-yr extension for fourth buyout fund
Carlyle Partners IV, which closed in 2005 on $7.85 billion, has received investor approval for a 2-year extension to allow more time to exit two remaining portfolio companies.
- Everstone forays into stressed assets
The Singapore-based firm will start investing in stressed companies in India and has hired a former director at Advent International to head the new business unit.