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TPG Capital Plans Asia-Focused Fund
TPG Capital, a global private equity firm with more than $48 billion in assets under management worldwide, is seeking to roll out a $4 billion to $5 billion fund in October.
TPG Capital, a global private equity firm with more than $48 billion in assets under management worldwide, is seeking to roll out a $4 billion to $5 billion fund in October,Reutersreports. The new product, which will invest in Asia, will be the largest fund focused on the region since the global downturn.
At present, the company invests in Asia from a $19.8 billion global fund and its $4.25 billion regional fundTPG Capital Partners V. Asian investments by the firm includeComtec Solar Systems GroupandWumart Stores Inc.in China,Shriram Transport Finance Co.andLilliput Kidswearin India, andUnited Test & Assembly Centerin Singapore.
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