TPG has raised $3.4bn for latest tech fund

TPG Tech Adjacencies II will invest in tech companies across all stages of growth through structured and opportunistic minority investments.

  • TTAD is led by Co-Managing Partners Nehal Raj and David Trujillo
  • TTAD’s portfolio include Dream11, an India-based daily fantasy sports platform and FreedomPay, a cloud-based integrated payments platform
  • Founded in 1992, TPG has $135 billion of assets under management

TPG has closed its latest tech fund at $3.4 billion.

TPG Tech Adjacencies II will invest in tech companies across all stages of growth through structured and opportunistic minority investments.

TTAD is led by Co-Managing Partners Nehal Raj and David Trujillo.

“The modern era of technology investing requires flexible capital with a full suite, full cycle approach to investing,” said Raj, in a statement. “With TTAD, we’re focused on bringing all the tools and capital solutions that are available to companies in the public markets to the private technology space. This strategy is purpose-built for the evolving tech sector, and we look forward to continuing to partner with many of the industry’s most innovative companies to enable future growth.”

TTAD’s portfolio of tech companies include Dream11, an India-based daily fantasy sports platform and FreedomPay, a cloud-based integrated payments platform.

Founded in 1992, TPG has $135 billion of assets under management. The firm is based in San Francisco.