Kirk Falconer
TPG’s growth platform was a focus of capital raising in 2021. It collected $4.9bn in all, much of it accounted for by the close of TPG Growth V at $3.6bn, above a $3.5bn target.
Rees shares with us his training as a mechanical engineer, the book that most influenced his career, and the highs and lows of spinning out Dyal Capital.
The fund comes almost exactly a year after the closing of Brightstar’s second flagship vehicle. Originally targeted to bring in $1bn, Fund II wrapped up at its $1.27 bn hard-cap.
TaylorMade was buried in the bunker until KPS made a brilliant sand save.
“Our philosophy of long-term investing lines up well with our investor base,” Banyan managing director and group head Jeff Wigle told Buyouts.
TPG's Rise Fund platform, overseeing $14bn in assets, was as of December 2021 earning a net IRR of 25%.
Knox Lane was on Buyouts' list of 12 emerging managers to watch in 2022. It is the first to announce a final closing.
Fund III is expected to have soft commitments of $500m to $750m by the end of Q1 2022, according to pension documents.
Advent's prior flagship fund was showing outsized performance as of September 2021, according to pension documents, with a 3x net multiple and a 129.4% net IRR.
HOOPP has increasingly focused on direct and co-investments as a way to generate better returns net of fees and carry.
If you do not receive this within five minutes, please try and sign in again. If the problem persists, please
email: