Global alternative asset firm TPG Capital closed its latest North American- and European-focused private equity fund, at $10.5 billion.
TPG Partners VII, whose commitments include new and returning investors as well as $400m from TPG and its personnel, has so far invested $2.1 billion across six companies, including:
– Cirque du Soleil,
– real estate firm Cushman & Wakefield,
– educational software company Ellucian,
– integrated midstream company EnLink,
– Life Time Fitness, and
– U.K. retail chain Poundworld.
Led by Co-CEOs Jim Coulter and Jon Winkelried, Managing Partner Todd Sisitsky, and Chief Investment Officer and Partner Jonathan Coslet, TPG is a global private investment firm with over $70 billion of assets under management and offices in San Francisco, Fort Worth, Austin, Dallas, Houston, New York, Beijing, Hong Kong, Istanbul, London, Luxembourg, Melbourne, Moscow, Mumbai, São Paulo, Singapore, and Tokyo.
The firm’s investment platforms are across a wide range of asset classes including private equity, growth venture, real estate, credit, and public equity.