TPG related stories
All articles and analysis
TPG lands ProLogis’ Catellus assets for $505mTPG has further demonstrated its real estate ambitions with the $505m purchase of US real estate assets from global logistics giant ProLogis. The Dallas-based buyout titan has been steadily increasing its exposure to the sector.
- Bridgepoint fetches 8x with Pets at Home sale
KKR’s £955m bid beat out TPG, Apax and Bain in the chase for Pets at Home, the UK retailer whose jobs and revenue growth have soared under Bridgepoint’s ownership.
- Change Capital books 4.7x Republic exit
The retail-focused private equity firm has sold teen fashion chain Republic to TPG for a reported £300m. TPG becomes the third private equity firm to own the retailer in six years.
- GE Capital Real Estate, Angelo Gordon close $1.25bn PPIP fund
GE's real estate chief executive, Ron Pressman, describes the fund as being in line with the firm’s aspiration to become a manager of private equity real estate funds
- TPG makes €900m UK and Ireland property push
The US global buyout firm has announced a €900m joint venture with Dublin’s Green Property to acquire assets particularly in partnership with government agencies and financial institutions
- News analysis: Irish storm proves too much for TPG
How Ireland’s recent woes caused US private equity firm TPG and UK partner Green Property to walk away from a €120 million property deal
- Extended Stay emerges from Chapter 11
Centerbridge Properties, Paulson & Co and the Blackstone Group have acquired the hotel group for $3.9bn
- Report: TPG in $1.25bn Ping An stake sale
TPG has reportedly sold a little over half of its 4% stake in China’s Ping An Insurance, which it last week swapped for its stake in Shenzhen Development Bank.
- Lightstone hires ex-Park Hill principal
The New York-based firm has appointed Arvind Bajaj to lead its acquisition and capital raising activities.
- Colony hires TPG exec as it eyes private equity deals
The Los Angeles-based real estate fund manager has appointed Justin Chang as principal to lead its push into private equity. Chang left TPG's Hong Kong office in 2008 after focusing on the firm’s technology practice.