TPG Holds Numerous Honors, Including Biggest Fee-Payer
In addition to the TPG Capital’s recent crowning as the largest buyout firm of 2008, the firm can now add “top fee-payer” to its trophy case as well. According to data from the investment bank Freeman & Co. and Thomson Reuters, TPG paid more fees to underwriters and financial advisors than any other buyout firm in the first quarter of 2009. The latest issue of Buyouts reports that the firm paid $35.9 million in fees in Q1; 80% of which went to syndicated loans and the rest to the debt capital markets. It’s a drop from a year prior, when TPG took home the top spot with $109.5 million in fee payments.
27 April 2009•2 mins read
