TPG related stories
All articles and analysis
CPPIB's private equity portfolio soars 40%Year end results show the Canada Pension Plan’s private equity portfolio increased in value from C$16.1bn to C$22.7bn, helping the pension’s total assets reach a record C$148.2bn.
- TowerBrook steps away with 3x on Jimmy Choo
The protracted sale of shoe company Jimmy Choo has reached a lucrative, £500m conclusion for owner TowerBrook Capital.
- Goldman partner to head another Russian institution
VTB Capital has become the second Russian-state backed institution in a week to hire a Goldman Sachs partner, appointing Atanas Bostandjiev as its CEO.
- Sun Capital expects more modest fund size
The firm told LPs at its annual meeting that it will hit the fundraising trail in about 18 months and target $3bn with a hard-cap of $4bn, putting it in line with others managers now raising smaller funds than predecessor vehicles.
- Rubenstein: Private equity to shrink
The private equity industry is getting smaller, including fund sizes, deal sizes and fee sizes, according to Carlyle co-founder David Rubenstein at the annual Milken Institute Global Conference.
- Bain, Oaktree lead $1bn US showroom recap
A pool of investors led by the two private equity giants has assumed control of a large portfolio of furniture showrooms in Las Vegas and North Carolina.
- Oregon considers $100m to TPG’s BDC
TPG hired former Goldman executives Alan Waxman and Joshua Easterly to run TPG Specialty Lending, a business development company investment vehicle targeting between $800m and $1bn.
- Buyout firms chase UK retailers
Private equity firms are taking a keen interest in UK retail businesses despite warnings from the Bank of England over the fragile nature of consumer spending.
- Blackstone holds first close for RMB fund
The US buyout firm has collected an undisclosed amount for its debut RMB-denominated fund, launched in August 2009 with a target of RMB5bn.
- KKR debuts in Vietnam
The global private equity firm’s $159m investment in the food unit of Masan Group is KKR’s fourth deal in Southeast Asia.