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TPG Inc. reports developments as a global alternative asset management firm with investment and operational teams around the world. Founded in San Francisco in 1992, the firm invests across private equity, impact, credit, real estate, market solutions and other alternative strategies through a multi-product platform.
Recurring updates include quarterly results, capital formation, deployment and realizations, Class A common stock dividends, and board governance changes. News may also include activity from TPG-affiliated externally managed real estate finance and residential mortgage investment vehicles that operate within or alongside the firm’s real estate and credit investment platforms.
TPG, a global asset management firm, has announced a strategic investment in K2 Medical Research, a clinical trial site platform focused on CNS trials. Founded by Sean Stanton and Brandon Lenox, K2 operates multiple sites in Florida specializing in Alzheimer's, psychiatry, and liver disease trials. K2 has conducted over 150 studies for major sponsors such as AbbVie and Johnson & Johnson. This partnership aims to accelerate K2's growth and enhance its integrated site platform. K2's unique strengths include a diverse patient recruitment model, mobile research units, agile start-up processes, and fully integrated technology platforms.
TPG RE Finance Trust (NYSE: TRTX) announced a cash dividend of $0.24 per common share for Q2 2024.
The dividend is set for July 25, 2024, payable to shareholders of record as of June 27, 2024.
TPG RE Finance Trust (TRTX) has declared a cash dividend of $0.3906 per share for its 6.25% Series C Cumulative Redeemable Preferred Stock. This dividend pertains to the second quarter of 2024.
The dividend will be paid on June 28, 2024, to shareholders who own the preferred stock as of June 18, 2024. This announcement follows the approval from the company's Board of Directors.
TPG RE Finance Trust (TRTX) announced that CFO Bob Foley will host investor meetings and deliver a moderated corporate presentation at Nareit's REITweek: 2024 Investor Conference on June 5, 2024. The presentation will be accessible on TRTX's Investor Relations webpage. This event is significant for TRTX as it provides a platform to communicate its financial health, strategies, and future outlook to investors.
TPG, a global alternative asset management firm (NASDAQ: TPG), announced that CEO Jon Winkelried will present at the Morgan Stanley U.S. Financials, Payments & CRE Conference on June 11, 2024, at 3:15 p.m. ET.
A live audio webcast of the presentation will be accessible through TPG's Investor Relations website. A replay will also be available shortly after the event for those who miss the live session.
TPG and Hassana Investment Company have announced a $1.5 billion strategic partnership in the TPG Rise Climate platform. This partnership includes a major commitment to TPG's new Transition Infrastructure fund, aiming to capitalize on global climate investment opportunities. TPG CEO Jon Winkelried emphasized the alignment of goals between the two firms, aiming to lead the evolution of climate investing. Jim Coulter, TPG's Founding Partner, highlighted that large investors like Hassana are important for the climate economy's capital demands. Hani Aljehani, CIO of Hassana, praised TPG Rise Climate's track record of strong returns and impact-driven investments. This collaboration aims to enhance investments in areas such as energy transition, green mobility, sustainable fuels, and carbon solutions.
TPG Inc., a leading global alternative asset management firm, reported strong first quarter 2024 results with total assets under management reaching $224 billion, a 63% increase year-over-year. The company's GAAP net income was $16 million, Fee-Related Earnings were $182 million, and After-tax Distributable Earnings were $181 million, resulting in a dividend of $0.41 per share. TPG highlighted significant momentum in its business, driven by organic growth and the strategic acquisition of Angelo Gordon.
TPG RE Finance Trust, Inc. reported a successful first quarter with $371 million of available liquidity and a 100% performing loan portfolio. The company recognized GAAP net income of $13.1 million, declared a cash dividend of $0.24 per share, and originated three first mortgage loans totaling $116.3 million. They ended the quarter with $370.7 million of near-term liquidity and received a full loan repayment of $44.5 million. The Board approved a $25 million share repurchase plan. For more details, visit Company's website.
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