TPG Inc. (TPG)
Financials · Alternative asset management
TPG is a $303 billion alternative asset manager offering control-oriented private equity, diversified credit, real estate, and specialized investment strategies across global markets.
What TPG Inc. does
TPG Inc. is a leading global alternative asset manager with $303.0 billion in assets under management as of December 31, 2025. The company operates six multi-strategy investment platforms—Capital, Growth, Impact, Credit, Real Estate, and Market Solutions—offering a broad range of investment strategies across private equity, credit, real estate, and specialized alternatives. TPG generates revenue primarily through management fees and capital allocation-based income from its diversified portfolio of more than 400 active portfolio companies, approximately 300 real estate properties, and over 6,400 credit positions across more than 33 countries.
Themes: ["Private equity / buyouts","Credit and lending","Real estate investing","Impact investing","Healthcare investing","Infrastructure and digital infrastructure","Growth equity","Asia-focused investments"]
Fundamentals
- Price$42.63 as of 2026-07-09 close
- Market cap$16.4B as of 2026-07-10
- 1-year return-21.3% as of 2026-07-09 close
- P/E103.86 as of 2026-07-10
- Net margin+3.8% as of 2026-07-10
- ROE+14.2% as of 2026-07-10
- Debt / equity2.07 as of 2026-07-10
- Revenue growth (YoY)+12.2% as of 2026-07-10
- Revenue CAGR (3y)+32.6% SEC XBRL
- Beta1.44 as of 2026-07-10
Dividend: yield +5.4%; 4-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Market-sensitive capital allocation-based income fluctuates with investment valuations and performance, as evidenced by Q1 2026 capital allocation losses of $120 million versus prior year gains of $491 million.","Accrued performance allocation compensation of $5.0 billion creates significant future payout obligations dependent on fund performance and investor returns.","High leverage and debt obligations ($2.3 billion as of March 31, 2026) combined with variable interest entity (VIE) structures create counterparty and liquidity risks."]
Competitors & peers
- Blackstone (BX)
- Apollo Global Management (APO)
- Carlyle Group (CG)
- KKR & Co. (KKR)
- Bridgewater Associates
- Ares Management (ARES)
- Brookfield Corporation
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.