TPG Considers Options for Going Public, Including IPO

Alternative asset manager TPG is looking at a plan to go public through a conventional initial public offering or a transaction with a special purpose acquisition company, a person familiar with the matter said.

The San Francisco-based firm, a closely held partnership, is more likely to choose an IPO, said the person, asking not to be identified because the matter is private. The company could be valued at around $10 billion, the person said. No decision has been finalized and the firm, which has explored options over the years, could again decide to remain private.