TPG completes the first round of an Asian fund, and US$3.4 billion has been credited

At the third-quarter earnings report, TPG announced that the eight-phase fund in Asia had completed the first hurdle of US$3.4 billion, exceeding half of the raised target of US$6 billion. Previously, TPG Asia fund raised the highest amount of 4.63 billion US dollars. As of September 30, 2022, TPG had assets under management of $135.1 billion and had the highest available capital in company history at $46 billion.

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