TPG Inc banner

TPG Inc
NASDAQ:TPG

Watchlist Manager
TPG Inc Logo
TPG Inc
NASDAQ:TPG
Watchlist
Price: 37.93 USD -1.45% Market Closed
Market Cap: $14.6B

TPG Inc
Investor Relations

In the dynamic world of private equity, TPG Inc. stands as a luminary, shaping industries and transforming businesses with its innovative investment strategies. Founded in 1992 by David Bonderman, James Coulter, and William S. Price III, TPG has burgeoned into one of the global heavyweights in the private equity space. Located in Fort Worth and San Francisco, the firm navigates the intricacies of financial markets with a discerning eye, often venturing into diverse sectors including healthcare, technology, and consumer goods. With a rich tapestry of investments, TPG skillfully balances risk and reward, crafting portfolios that not only bolster their client’s wealth but also catalyze growth in the businesses it backs. Leveraging deep industry expertise and a robust network, TPG identifies transformative opportunities and injects capital, strategic acumen, and operational improvements to propel companies to new heights.

At the heart of TPG's operations is its adeptness at marrying financial acumen with entrepreneurial insight. The firm employs a hands-on approach post-investment, often taking up positions on the boards of companies it invests in, thereby shaping their strategic direction. This involvement allows TPG to meticulously monitor and guide these businesses, ensuring they achieve their financial and operational targets, ultimately optimizing returns for investors. Through a mix of buyouts, growth equity investments, and sector-specific funds, TPG generates revenue by capitalizing on the appreciable value of its portfolio companies. As these companies mature and reach their full potential, TPG usually exits these investments via public offerings or sales, translating those gains into significant profits. This cycle of investment, enhancement, and divestment encapsulates TPG's fundamental business model, making it a formidable entity in the realm of private equity.

Show more
Loading
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Feb 5, 2026
AI Summary
Q4 2025

Record Year: TPG reported 2025 as a breakout year with record capital raising, deployment, and strong performance across all platforms.

Fundraising Surge: Raised $51 billion in 2025, up 71% year-over-year, with expectations to surpass $50 billion again in 2026.

Earnings Growth: Fee-related earnings hit $953 million for the year (up 25%), and Q4 distributable earnings reached a record $304 million.

Strong Margins: Fee-related earnings margin expanded to 45% for the year and 52% in Q4, with 2026 guidance targeting a further increase to 47%.

Deployment & AUM: Deployed a record $52 billion in capital; total AUM rose 23% to $303 billion, with dry powder up 26% to $72 billion.

Business Momentum: Portfolio performance was robust with double-digit value creation, and TPG expects further acceleration in investment activity.

Growth Areas: Notable expansion in credit, private wealth, and real estate strategies, with new products and strategic partnerships driving diversification.

AI & Software: Management highlighted a disciplined approach to software and AI investing, focusing on vertical software and cybersecurity while avoiding areas more exposed to AI disruption.

Key Financials
GAAP Net Income Attributable to TPG Inc.
$77 million
After-tax Distributable Earnings
$304 million
After-tax Distributable Earnings per Share
$0.71
Dividend per Share
$0.61
Fee-related Revenue
$2.1 billion
Fee-related Revenue (Q4)
$628 million
Management Fees (Q4)
$475 million
Transaction and Monitoring Fees (Q4)
$122 million
Transaction and Monitoring Fees (Full Year)
$249 million
Fee-related Performance Revenues (Q4)
$29 million
Fee-related Earnings (Q4)
$326 million
Fee-related Earnings (Full Year)
$953 million
FRE Margin (Q4)
52%
FRE Margin (Full Year)
45%
Realized Performance Allocations (Q4)
$48 million
Realized Performance Allocations (Full Year)
$205 million
Net Accrued Performance Balance
$1.3 billion
Total AUM
$303 billion
Dry Powder
$72 billion
Fee-earning AUM
$170 billion
Capital Raised
$51 billion
Capital Deployed
$52 billion
Credit Capital Raised
$21 billion
Credit Platform Invested Capital
$25 billion
Private Equity Fundraising
$28 billion
Private Equity Capital Invested
$21 billion
Private Wealth Fundraising Growth
66%
Real Estate Capital Deployed
$6 billion
Real Estate Portfolio Appreciation
9%
Private Equity Portfolio Appreciation (Q4)
3%
Private Equity Portfolio Appreciation (Full Year)
11%
Credit Platform Appreciation (Q4)
3%
Credit Platform Appreciation (Full Year)
11%
Asset-backed Finance Fund Net IRR (since inception)
13.2%
MVP Fund Net Return (Full Year)
9.4%
AUM Subject to Fee Earning Growth
$40 billion
Net Debt (End of Q4)
$1.6 billion
Earnings Call Recording
Other Earnings Calls

Management

Mr. James George Coulter
Founder & Executive Chairman
No Bio Available
Mr. Jon Winkelried
CEO & Director
No Bio Available
Mr. Todd B. Sisitsky
President & Director
No Bio Available
Mr. Jack Charles Weingart
CFO & Director
No Bio Available
Ms. Anilu Vazquez-Ubarri J.D.
COO & Director
No Bio Available
Mr. David Bonderman
Founder & Non-Executive Chairman
No Bio Available
Mr. Martin Louis Davidson CPA
Chief Accounting Officer
No Bio Available
Gary Stein
Head of Investor Relations
No Bio Available
Mr. Bradford A Berenson J.D.
General Counsel & Secretary
No Bio Available
Ms. Roberta Joann Harris
Chief Compliance Officer
No Bio Available

Contacts

Address
TEXAS
Fort Worth
301 Commerce Street, Suite 3300
Contacts
+18178714000.0
www.tpg.com
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett