TPG Heads for IPO as It Cashes In on Buyout Industry’s Boom
- Regulatory filing shows TPG has $109 billion under management
- Private equity firms awarding founders, executives big payouts
Jon Winkelried, chief executive officer of TPG.
Photographer: Misha Friedman/BloombergThis article is for subscribers only.
TPG Inc. is going public, seeking to cash in on the boom that has helped buyout peers post bumper results and pay out record compensation.
The firm, an early investor in businesses such as Uber Technologies Inc. and Airbnb Inc., is now readying for its own share listing, likely unlocking billions of dollars for its founders and executives.