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TPG Inc. Class A Common Stock (symbol: TPG) represents an interest in an American investment powerhouse formerly known as Texas Pacific Group. TPG Inc. is a distinguished private equity firm specializing in leveraged buyouts and growth capital initiatives. The company manages a diverse array of investment funds, encompassing growth capital, venture capital, public equity, and debt investments.
TPG operates across five distinct multi-product platforms, namely Capital, Growth, Impact, Real Estate, and Market Solutions. This structure allows the firm to offer a variety of dynamic investment products and solutions to its extensive client base. The company is committed to achieving operational excellence and maintaining strict discipline in the management and performance of its portfolio.
Recent achievements and ongoing projects illustrate TPG’s continuous growth and influence in the investment sector. The firm’s investment strategies are designed to maximize returns while mitigating risks, ensuring a balanced and profitable portfolio for its investors.
For those seeking to understand or invest in TPG, it’s important to note the firm’s persistent drive towards innovation and market leadership. TPG Inc. collaborates with numerous partners across various industries to create value-driven opportunities. The company's investment philosophy revolves around rigorous analysis, strategic planning, and effective execution, making it a significant player in the global investment landscape.
Stay updated with the latest news and developments from TPG Inc., including financial reports, market trends, and strategic initiatives.
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- Source: Sayari
- Source: TPG RE Finance Trust, Inc.
- Source: Kroll Bond Rating Agency, LLC
TPG RE Finance Trust (TRTX) reported its Q4 and full-year 2024 results, demonstrating solid performance with full-year earnings covering its annual dividend of $0.96 per share. The company ended 2024 with $321 million in cash and near-term liquidity, maintaining a 100% performing loan portfolio.
In Q4 2024, TRTX achieved GAAP net income of $6.9 million ($0.09 per share) and originated $242 million in new loans. The company's book value per share stood at $11.27. For full-year 2024, TRTX reported net income of $59.7 million ($0.75 per share) and originated $562.3 million in loans with a weighted average loan-to-value ratio of 63.1%.
The company's CECL reserve decreased by $5.3 million to $64.0 million in Q4, representing 187 basis points of total loan commitments. Non-mark-to-market borrowings comprised 77.0% of total borrowings at year-end.
TPG Inc. (NASDAQ: TPG) has announced its unaudited fourth quarter and full year 2024 financial results. The company reported strong investment and financial performance throughout 2024, with significant progress in key business areas including fundraising, deployment, and organic growth.
The company has declared a quarterly dividend of $0.53 per share of Class A common stock, payable on March 7, 2025, to shareholders of record as of February 21, 2025.
CEO Jon Winkelried expressed confidence in the company's momentum heading into 2025, highlighting multiple growth opportunities and the team's focus on generating differentiated returns for clients while building long-term shareholder value.
TPG RE Finance Trust (TRTX) has scheduled its fourth quarter and full year 2024 earnings release for Tuesday, February 18, 2025, after market close. The company will hold a conference call and webcast to discuss the results on Wednesday, February 19, 2025, at 9:00 a.m. ET.
Investors can access the conference call from the United States and Canada by dialing +1 (877) 407-9716, while international callers should use +1 (201) 493-6779. A webcast will be available on the company's investor relations website. A replay will be accessible through March 5, 2025, using domestic number +1 (844) 512-2921 or international number +1 (412) 317-6671 with passcode 13751074.
TPG (NASDAQ: TPG), a leading global alternative asset management firm, has announced its participation in the upcoming BofA Securities 2025 Financial Services Conference. Jack Weingart, the company's Chief Financial Officer, will deliver a presentation on Wednesday, February 12, 2025, at 1:50 p.m. ET.
The presentation will be accessible through a live audio webcast on TPG's website in the Investor Relations section at shareholders.tpg.com/events-presentations/events. For those unable to attend the live session, a replay will be made available on the Events page of TPG's website following the presentation.
TPG RE Finance Trust (NYSE: TRTX) has announced the tax treatment of its 2024 dividends for both common stock and 6.25% Series C Preferred Stock. For common stockholders, the company distributed $1.20 per share throughout 2024, consisting of $0.796 as ordinary income and $0.164 as non-dividend distribution, with quarterly payments of $0.24 per share.
For Series C Preferred stockholders, TRTX distributed $1.5624 per share in 2024, entirely classified as ordinary income, paid in quarterly installments of $0.3906. The ordinary income dividends qualify for the 20% deduction applicable to 'qualified REIT dividends' under IRC Section 199A.
TPG (NASDAQ: TPG) has appointed Kathy Elsesser as a new independent director to its Board, effective immediately. Elsesser brings over three decades of financial services leadership experience from Goldman Sachs, where she served as Global Chair of the Consumer Retail and Healthcare Groups in the Investment Banking Division before retiring from the Partnership in 2023.
During her tenure at Goldman Sachs, which began in 1989, Elsesser was named Partner in 2004 and held key positions including Global Chair of Diversity for IBD. She was also a member of the Firmwide Diversity and Partnership Committees. Currently, she serves as Audit Chair of the Sesame Workshop's Board of Trustees.
TPG (NASDAQ: TPG), a leading global alternative asset management firm, has scheduled its fourth quarter and full year 2024 financial results announcement for Tuesday, February 11, 2025, before market opening. The company will host a conference call and live webcast at 11:00 a.m. ET on the same day.
Investors can access the conference call by dialing (800) 245-3047 (US toll-free) or (203) 518-9765 (international) using the conference ID TPGQ424. A simultaneous webcast will be available through TPG's Investor Relations website at shareholders.tpg.com, where a replay will also be accessible afterward.
TPG RE Finance Trust (NYSE: TRTX) has announced its fourth quarter 2024 dividend. The company's Board of Directors declared a cash dividend of $0.24 per share of common stock. The dividend will be paid on January 24, 2025 to shareholders of record as of December 27, 2024.
TPG RE Finance Trust (NYSE: TRTX) has announced a quarterly cash dividend for its Series C Preferred Stock holders. The company's Board of Directors declared a dividend of $0.3906 per share of 6.25% Series C Cumulative Redeemable Preferred Stock for the fourth quarter of 2024. The dividend will be paid on December 30, 2024, to shareholders of record as of December 20, 2024.
Veeam Software, the global leader in Data Resilience, announced a $2 billion secondary equity offering led by TPG, valuing the company at $15 billion. The transaction includes participation from Temasek, Neuberger Berman Capital Solutions, and other investors.
The company has achieved $1.7 billion in annualized recurring revenue (ARR) with 18% year-over-year growth, including 31% growth in Software + SaaS subscriptions and 30% EBITDA margins. Veeam serves 77% of Fortune 500 companies and over 550,000 organizations globally with its data resilience solutions.
The company recently launched the Veeam Data Cloud (VDC), offering Backup-as-a-Service, and introduced the Veeam Data Cloud Vault in March 2024. The transaction is expected to close in Q1 2025, with Insight Partners remaining the largest shareholder.
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