NASDAQ:TPG

TPG to Present at the Morgan Stanley U.S. Financials, Payments & CRE Conference

Retrieved on: 
Wednesday, May 29, 2024

TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, announced today that Jon Winkelried, Chief Executive Officer, is scheduled to present at the Morgan Stanley U.S. Financials, Payments & CRE Conference on Tuesday, June 11, 2024 at 3:15 p.m.

Key Points: 
  • TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, announced today that Jon Winkelried, Chief Executive Officer, is scheduled to present at the Morgan Stanley U.S. Financials, Payments & CRE Conference on Tuesday, June 11, 2024 at 3:15 p.m.
  • ET.
  • A live audio webcast of the discussion will be available on the Investor Relations section of TPG’s website at shareholders.tpg.com/events-presentations/events.
  • For those unable to listen to the live webcast, a replay will be available on the Events page of TPG’s website shortly after the event.

TPG Reports First Quarter 2024 Results

Retrieved on: 
Wednesday, May 8, 2024

TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, reported its unaudited first quarter 2024 results.

Key Points: 
  • TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, reported its unaudited first quarter 2024 results.
  • TPG issued a full detailed presentation of its first quarter ended March 31, 2024 results, which can be viewed through the Investor Relations section of TPG’s website at shareholders.tpg.com.
  • "TPG’s strong first quarter financial results highlight the significant momentum across our business.
  • TPG has declared a quarterly dividend of $0.41 per share of Class A common stock to holders of record at the close of business on May 20, 2024, payable on June 3, 2024.

Sayari Closes $235 Million Strategic Investment from TPG, Inclusive of Additional Capital for Organic Growth and M&A

Retrieved on: 
Wednesday, April 17, 2024

The upsized investment includes additional capital to support continued organic growth initiatives and M&A opportunities.

Key Points: 
  • The upsized investment includes additional capital to support continued organic growth initiatives and M&A opportunities.
  • Sayari’s founders, employees, and existing investors retain a significant stake in the company.
  • Sayari Graph, Sayari's flagship product that integrates publicly available global corporate and supply chain data, provides risk insights for investigative purposes, analytics, and supply chain risk management.
  • The close of this investment marks a period of considerable growth for Sayari, which has earned consecutive accolades from Deloitte and Inc. Magazine as one of North America's fastest-growing technology companies.

TPG to Announce First Quarter 2024 Financial Results and Host Investor Call

Retrieved on: 
Thursday, April 4, 2024

TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, today announced that it will release financial results for the first quarter of 2024 before the market opens on Wednesday, May 8, 2024 and host a conference call and live webcast at 11:00 a.m.

Key Points: 
  • TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, today announced that it will release financial results for the first quarter of 2024 before the market opens on Wednesday, May 8, 2024 and host a conference call and live webcast at 11:00 a.m.
  • The conference call may be accessed by dialing (800) 245-3047 (US toll-free) or (203) 518-9765 (international), using the conference ID TPGQ124.
  • A simultaneous webcast will also be available and can be accessed through the Investor Relations section of TPG’s website at shareholders.tpg.com.
  • A webcast replay will be made available on the Events page in the Investor Relations section of TPG’s website.

TPG Agrees to Acquire Classic Collision

Retrieved on: 
Wednesday, April 3, 2024

TPG (NASDAQ: TPG), a global alternative asset management firm, announced today that it has signed a definitive agreement to acquire Classic Collision, a leading, national collision repair multi-site operator.

Key Points: 
  • TPG (NASDAQ: TPG), a global alternative asset management firm, announced today that it has signed a definitive agreement to acquire Classic Collision, a leading, national collision repair multi-site operator.
  • TPG Capital, the U.S. and European private equity platform of TPG, will acquire the business from New Mountain Capital.
  • “Today’s announcement is an exciting milestone for Classic Collision and a great testament to the strength of our team and our collective commitment to providing the highest quality service with integrity,” said Toan Nguyen, CEO of Classic Collision.
  • With longstanding industry relationships and numerous manufacturer certifications, Classic Collision is broadly recognized as a trusted partner in comprehensive collision repair.

TPG Announces Pricing of Senior Notes

Retrieved on: 
Thursday, February 29, 2024

TPG Inc. (“TPG” or the “Company”) (Nasdaq: TPG), a leading global alternative asset management firm, today announced that TPG Operating Group II, L.P. (the “Issuer”), an indirect subsidiary of TPG, priced a registered public offering of $600 million aggregate principal amount of 5.875% senior notes due 2034 (the “notes”).

Key Points: 
  • TPG Inc. (“TPG” or the “Company”) (Nasdaq: TPG), a leading global alternative asset management firm, today announced that TPG Operating Group II, L.P. (the “Issuer”), an indirect subsidiary of TPG, priced a registered public offering of $600 million aggregate principal amount of 5.875% senior notes due 2034 (the “notes”).
  • The notes will be fully and unconditionally guaranteed by TPG and certain of the Issuer’s direct subsidiaries.
  • Interest on the notes will be payable semi-annually in arrears on March 5 and September 5 of each year, beginning on September 5, 2024.
  • BofA Securities, Inc., Morgan Stanley & Co. LLC, Wells Fargo Securities, LLC, Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and TPG Capital BD, LLC are acting as joint book-running managers for the offering.

TPG Announces Pricing of Fixed-Rate Junior Subordinated Notes

Retrieved on: 
Thursday, February 29, 2024

TPG Inc. (“TPG” or the “Company”) (Nasdaq: TPG), a leading global alternative asset management firm, today announced that TPG Operating Group II, L.P. (the “Issuer”), an indirect subsidiary of TPG, priced a registered public offering of $400 million aggregate principal amount of 6.950% fixed-rate junior subordinated notes due 2064 (the “notes”).

Key Points: 
  • TPG Inc. (“TPG” or the “Company”) (Nasdaq: TPG), a leading global alternative asset management firm, today announced that TPG Operating Group II, L.P. (the “Issuer”), an indirect subsidiary of TPG, priced a registered public offering of $400 million aggregate principal amount of 6.950% fixed-rate junior subordinated notes due 2064 (the “notes”).
  • The notes will be fully and unconditionally guaranteed by TPG and certain of the Issuer’s direct subsidiaries.
  • The notes will bear interest at a fixed rate of 6.950% per year.
  • In connection with the offering, the Issuer has applied to list the notes on the Nasdaq Global Market (“Nasdaq”) under the symbol “TPGXL”.

TPG Announces Public Offering of Senior Notes and Fixed-Rate Junior Subordinated Notes

Retrieved on: 
Tuesday, February 27, 2024

TPG Inc. (“TPG” or the “Company”) (Nasdaq: TPG), a leading global alternative asset management firm, today announced that TPG Operating Group II, L.P. (the “Issuer”), an indirect subsidiary of TPG, intends to offer senior notes due 2034 (the “senior notes”) and fixed-rate junior subordinated notes due 2064 (the “junior subordinated notes”) in separate registered public offerings, subject to market and other conditions.

Key Points: 
  • TPG Inc. (“TPG” or the “Company”) (Nasdaq: TPG), a leading global alternative asset management firm, today announced that TPG Operating Group II, L.P. (the “Issuer”), an indirect subsidiary of TPG, intends to offer senior notes due 2034 (the “senior notes”) and fixed-rate junior subordinated notes due 2064 (the “junior subordinated notes”) in separate registered public offerings, subject to market and other conditions.
  • The senior notes and junior subordinated notes will each be fully and unconditionally guaranteed by TPG and certain of the Issuer’s direct subsidiaries.
  • The Issuer intends to grant the underwriters of the junior subordinated notes a 30-day option to purchase additional junior subordinated notes solely to cover over-allotments, if any.
  • The senior notes offering and junior subordinated notes offering are being conducted as separate public offerings by means of separate prospectus supplements filed as part of the shelf registration statement, and neither of these offerings is contingent upon consummation of the other.

TPG Announces Pricing of Secondary Public Offering

Retrieved on: 
Monday, February 26, 2024

TPG Inc. (“TPG” or the “Company”) (Nasdaq: TPG), a leading global alternative asset management firm, today announced the pricing of a secondary underwritten public offering of 15,526,915 shares of TPG’s Class A common stock, par value $0.001 per share (the “Common Stock”), pursuant to a shelf registration statement filed with the Securities and Exchange Commission (the “SEC”).

Key Points: 
  • TPG Inc. (“TPG” or the “Company”) (Nasdaq: TPG), a leading global alternative asset management firm, today announced the pricing of a secondary underwritten public offering of 15,526,915 shares of TPG’s Class A common stock, par value $0.001 per share (the “Common Stock”), pursuant to a shelf registration statement filed with the Securities and Exchange Commission (the “SEC”).
  • The offering consists entirely of secondary shares to be sold by certain stockholders of the Company (the “Selling Stockholders”).
  • The Selling Stockholders will receive all of the proceeds from the offering.
  • The Company is not selling any shares of Common Stock in the offering and will not receive any proceeds from the offering.

TPG Announces Launch of Secondary Public Offering

Retrieved on: 
Monday, February 26, 2024

The offering consists entirely of secondary shares to be sold by the Selling Stockholders.

Key Points: 
  • The offering consists entirely of secondary shares to be sold by the Selling Stockholders.
  • The Selling Stockholders will receive all of the proceeds from the offering.
  • The Company is not selling any shares of Common Stock in the offering and will not receive any proceeds from the offering.
  • An automatic shelf registration statement (including a prospectus) relating to the offering of Common Stock was filed by TPG with the SEC on February 26, 2024 and became effective upon filing.