TPG Inc.

TPG Inc. (TPG) priced its initial public offering on Jan 14, 2022 at $29.50 per share, raising $1B, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $8.81B. J.P. Morgan was lead-left underwriter, joined by Goldman Sachs, Morgan Stanley and BofA Securities and others. Weil, Gotshal & Manges, Davis Polk and King & Wood Mallesons advised the company and Ropes & Gray advised the underwriters.

TPG Inc. is a global, diversified alternative asset management firm with five multi-product investment platforms: Capital, Growth, Impact, Real Estate and Market Solutions. Its business spans more than 30 countries and 17 active products.

Status

IPO

Ticker

TPG

Exchange

Nasdaq Global Select

Priced

Jan 14, 2022

IPO price

$29.50

Raised

$1B

Market cap at IPO price

$8.81B

First filed

Dec 16, 2021

Underwriters

J.P. Morgan, Goldman Sachs, Morgan Stanley, BofA Securities, Citigroup, Deutsche Bank, Evercore ISI, UBS, Wells Fargo, BMO Capital Markets, Barclays and Mizuho

Company counsel

Weil, Gotshal & Manges, Davis Polk and King & Wood Mallesons

Underwriters' counsel

Ropes & Gray

Sector

Financials

Country / state

TX

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.