TPG reaches $6.5b first close on latest global fund
TPG Capital has reached a first close of $6.5 billion on its latest global fund. The vehicle, which was formally launched last October, has a target of $8 billion and a hard cap of $10 billion.
The first close for TPG Partners VII is said to include $2 billion in commitments for TPG Strategic Partners Interim Fund, a bridge vehicle raised last year from a small group of investors. Even if the...
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