Founded in 1992 as Texas Pacific Group by David Bonderman and Jim Coulter, with an early signature deal turning around Continental Airlines out of bankruptcy. TPG built a reputation for bold, contrarian buyouts and growth investing, and went public in 2022. It acquired Angelo Gordon in 2023 to add a credit platform.
Buyouts and growth equity across tech, healthcare, and consumer; also impact investing (The Rise Fund) and, since 2023, credit via Angelo Gordon.
diversified
Continental Airlines, Burger King, J.Crew, Petco, Spotify, Airbnb, McAfee, Cirque du Soleil
Petco IPO, McAfee, Spotify (pre-IPO stake), Burger King
TPG's Rise Fund, co-launched with Bono, is one of the largest private equity impact-investing vehicles in the world.
| Company | Rounds | Invested |
|---|---|---|
| OpenAI AI | 2 rounds | $130.3B |
| Anthropic AI | 2 rounds | $43B |
| Veeam saas_b2b | 1 round, 1 led | $2B |
| project44 Logistics | 1 round | $420M |
| Vinted Marketplace | 1 round, 1 led | $357M |
| Acorns Fintech | 1 round, 1 led | $300M |
| Salsify SaaS B2B | 1 round, 1 led | $200M |
| Zenoti SaaS B2B | 1 round, 1 led | $80M |