TPG Inc. - TPG STOCK NEWS

TPG RE Finance Trust, Inc. (NYSE: TRTX) announced a cash dividend of $0.3906 per share for its 6.25% Series C Cumulative Redeemable Preferred Stock for Q4 2022. This dividend is payable on December 30, 2022 to stockholders on record as of December 20, 2022. The Company focuses on originating, acquiring, and managing first mortgage loans secured by institutional properties in the U.S. However, potential risks exist related to loan origination and economic conditions.

TPG Inc. (NASDAQ: TPG), a top global alternative asset management firm, announced that CEO Jon Winkelried will speak at the Goldman Sachs 2022 U.S. Financial Services Conference on December 6, 2022, at 9:20 a.m. ET. A live audio webcast will be available on TPG’s Investor Relations site, with a replay to follow. Founded in San Francisco in 1992, TPG manages $135 billion in assets and operates across five platforms: Capital, Growth, Impact, Real Estate, and Market Solutions.

TPG RE Finance Trust, Inc. (NYSE: TRTX) has announced that CEO Doug Bouquard, along with senior management, will host investor meetings at the JMP Securities Financial Services and Real Estate Conference on November 17, 2022. The presentation will be accessible on the Investor Relations section of TRTX's website. TPG RE Finance Trust is a commercial real estate finance company focused on originating and managing first mortgage loans secured by institutional properties in the U.S. For further details, visit https://www.tpgrefinance.com/.

TPG Inc. reported strong financial results for Q3 2022, with total assets under management reaching $135 billion, a 24% increase year-over-year. The company reported a GAAP net income of $37 million for the quarter and $69 million for the nine-month period. Fee-Related Earnings stood at $121 million for the quarter. TPG announced a quarterly dividend of $0.26 per share, payable on December 2, 2022. The results underline the firm's robust fundraising and operational performance amidst a challenging market.

TPG RE Finance Trust (NYSE: TRTX) reported Q3 2022 results, showing a GAAP net loss of $117.9 million, translating to $(1.52) per share. Despite this, the company deployed $984 million into new investments, maintaining a liquidity position of $571.3 million. The third quarter also saw loan repayments of $371.1 million. A cash dividend of $0.24 per share was declared on September 12, 2022, and paid out on October 25, 2022. The firm enhanced its credit loss allowance to $225.6 million, an increase of $132.3 million from the previous quarter, while the risk rating of its loan portfolio remained stable.

TPG has appointed Pamela Pavkov as Partner and Head of TPG NEXT, a strategy aimed at supporting the next generation of diverse alternative asset managers. Launched to enhance the growth of diverse-led general partners (GPs), TPG NEXT will provide capital and strategic advisory services to underrepresented talent. The initiative is part of TPG's commitment to address systemic inequities in private markets. TPG has invested in diverse managers since 2019, supporting firms like Harlem Capital, VamosVentures, and LandSpire.

TPG Real Estate has successfully closed its latest opportunistic real estate equity fund, TPG Real Estate Partners IV (TREP IV), raising over $6.8 billion in total commitments. The fund was oversubscribed and aligns with TPGRE's strategy of thematic investing in property-rich platforms across the US and Europe. With more than $9.1 billion committed since its inception, TPGRE is positioned for potential growth given the current market conditions. The firm expresses gratitude to its investors for their continued support.

TPG RE Finance Trust, Inc. (NYSE: TRTX) announced it will release its third quarter 2022 financial results after market close on November 1, 2022. A conference call is scheduled for 10:00 a.m. ET on November 2, 2022, to discuss the results with investors. Interested parties can access the call via a dial-in number or through a live webcast on the Company’s investor relations website. The replay will be available from 1:00 p.m. ET on November 2 until November 16, 2022.

TPG Inc. (NASDAQ: TPG) will report its third quarter 2022 financial results on November 9, 2022, before the market opens. Following the announcement, a conference call is scheduled for 11:00 a.m. ET where investors can dial in or access via a webcast. TPG, a global alternative asset management firm, boasts $127 billion in assets under management and operates across five multi-product platforms, emphasizing collaboration and innovation in its investment strategy.