TPG INC Stock Price, News & Analysis

TPG Inc. (NASDAQ: TPG) has completed its acquisition of Peppertree Capital Management, adding a $7.8 billion wireless communications towers and critical communications assets strategy to its portfolio. The acquired business will operate as TPG Peppertree, led by Howard Mandel and Ryan Lepene as Co-Managing Partners.

This strategic acquisition expands TPG's presence in the digital infrastructure sector, bringing the firm's total assets under management to $258 billion. The combination aims to leverage TPG's global scale and Peppertree's communications infrastructure expertise to capitalize on opportunities in the evolving network infrastructure landscape.

TPG Twin Brook Capital Income Fund (NYSE:TPG) has received a BBB rating with Stable outlook from KBRA for its $100 million senior unsecured notes, split between $25 million due 2028 (6.05%) and $75 million due 2030 (6.40%). The proceeds will be used to repay secured debt.

The fund manages a $3.4 billion investment portfolio consisting primarily of senior secured first lien loans (97.5%) across 245 portfolio companies. As of Q1 2025, the fund maintained strong metrics with gross leverage of 0.99x, asset coverage of 200.5%, and minimal non-accruals at 0.2% of total investments at cost.

The rating reflects TPG Twin Brook's integration with TPG Angelo Gordon's $92 billion investment platform, robust deal sourcing, and experienced management team. The fund maintains adequate liquidity with $994.1 million in credit line availability and unrestricted cash.

TPG RE Finance Trust (NYSE: TRTX) has announced a quarterly cash dividend of $0.24 per share for Q2 2025. The dividend will be distributed to shareholders who are on record as of June 27, 2025, with the payment scheduled for July 25, 2025. This dividend declaration by the Board of Directors represents the company's continued commitment to providing regular returns to its shareholders.

TPG RE Finance Trust (NYSE: TRTX) has announced a quarterly cash dividend for its 6.25% Series C Cumulative Redeemable Preferred Stock. The dividend amount is set at $0.3906 per share and will be paid on June 30, 2025, to stockholders of record as of June 20, 2025. This dividend declaration represents the company's regular quarterly distribution to its preferred stockholders for the second quarter of 2025.

TPG Inc. (NASDAQ: TPG), a global alternative asset management firm, has announced that its President, Todd Sisitsky, will present at the upcoming Morgan Stanley U.S. Financials Conference. The presentation is scheduled for June 11, 2025, at 12:15 p.m. ET. Investors and interested parties can access the live audio webcast through TPG's Investor Relations website at shareholders.tpg.com/events-presentations/events. A replay of the presentation will be made available on the company's Events page shortly after the conference.

TPG announced the pricing of a secondary public offering of 21 million shares of Class A common stock at $47.25 per share. The offering consists entirely of secondary shares to be sold by DB Holdings I, L.P., a vehicle controlled by David Bonderman's estate. The Bonderman Estate will receive all proceeds to satisfy estate obligations, while TPG will not receive any proceeds from the offering. The offering is expected to close on May 22, 2025. J.P. Morgan is acting as the underwriter. The Bonderman Estate and related entities have agreed to a 9-month lock-up period, during which they cannot offer or sell any Common Stock or related securities.

TPG announced a significant secondary public offering where DB Holdings I, L.P., controlled by David Bonderman's estate, plans to sell 21 million shares of TPG's Class A common stock. The offering consists entirely of secondary shares, with the Bonderman Estate receiving all proceeds to satisfy estate obligations. TPG will not receive any proceeds from this transaction. J.P. Morgan is serving as the underwriter, offering shares through various channels including Nasdaq and over-the-counter markets. The Bonderman Estate and related entities have agreed to a 9-month lock-up period, restricting them from selling additional shares after this offering.

TPG Inc. (NASDAQ: TPG) has released its Q1 2025 financial results, highlighting the firm's strong position with $57 billion in dry powder across its portfolio. CEO Jon Winkelried emphasized the company's ability to capitalize on investment opportunities during market dislocations.

In a significant strategic move, TPG announced the acquisition of Peppertree Capital Management, a specialized digital infrastructure firm focused on wireless communications towers, aiming to create new investment opportunities and enhance shareholder value.

The company declared a quarterly dividend of $0.41 per share of Class A common stock, payable on June 2, 2025, to shareholders of record as of May 19, 2025.

TPG Inc. (NASDAQ: TPG) has announced its acquisition of Peppertree Capital Management in a deal valued at up to $960 million, including up to $242 million in cash, $418 million in equity, and potential earnouts of up to $300 million. Peppertree, founded in 2004, manages $7.7 billion in assets focused on wireless communications towers and digital infrastructure. The firm has made over 175 investments through ten flagship funds, supporting over 10,000 wireless communication infrastructure assets. The combined entity will have $253.6 billion in AUM. Peppertree Co-Presidents Howard Mandel and Ryan Lepene will continue leading the investment strategy. The transaction, expected to close in Q3 2025, will be immediately accretive to TPG's fee-related earnings and after-tax distributable earnings per share.