SAN FRANCISCO & FORT WORTH, Texas–(BUSINESS WIRE)–TPG Inc. (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, pursuant to a shelf registration statement filed with the Securities and Exchange Commission. The offering consists entirely of secondary shares to be sold by certain stockholders of the Company. 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.
J.P. Morgan and Morgan Stanley are acting as the underwriters of this offering.
The underwriters may offer the shares of Common Stock from time to time for sale in one or more transactions on Nasdaq, in the over-the-counter market, through negotiated transactions or otherwise at market prices prevailing at the time of sale, at prices related to prevailing market prices or at negotiated prices.
About TPG
TPG is a leading global alternative asset management firm, founded in San Francisco in 1992, with $222 billion of assets under management and investment and operational teams around the world. TPG invests across a broadly diversified set of strategies, including private equity, impact, credit, real estate, and market solutions, and our unique strategy is driven by collaboration, innovation and inclusion. Our teams combine deep product and sector experience with broad capabilities and expertise to develop differentiated insights and add value for our fund investors, portfolio companies, management teams, and communities.
