TPG INC Stock Price, News & Analysis

TPG RE Finance Trust (NYSE: TRTX) reported Q3 2022 results, showing a GAAP net loss of $117.9 million, translating to $(1.52) per share. Despite this, the company deployed $984 million into new investments, maintaining a liquidity position of $571.3 million. The third quarter also saw loan repayments of $371.1 million. A cash dividend of $0.24 per share was declared on September 12, 2022, and paid out on October 25, 2022. The firm enhanced its credit loss allowance to $225.6 million, an increase of $132.3 million from the previous quarter, while the risk rating of its loan portfolio remained stable.

TPG has appointed Pamela Pavkov as Partner and Head of TPG NEXT, a strategy aimed at supporting the next generation of diverse alternative asset managers. Launched to enhance the growth of diverse-led general partners (GPs), TPG NEXT will provide capital and strategic advisory services to underrepresented talent. The initiative is part of TPG's commitment to address systemic inequities in private markets. TPG has invested in diverse managers since 2019, supporting firms like Harlem Capital, VamosVentures, and LandSpire.

TPG Real Estate has successfully closed its latest opportunistic real estate equity fund, TPG Real Estate Partners IV (TREP IV), raising over $6.8 billion in total commitments. The fund was oversubscribed and aligns with TPGRE's strategy of thematic investing in property-rich platforms across the US and Europe. With more than $9.1 billion committed since its inception, TPGRE is positioned for potential growth given the current market conditions. The firm expresses gratitude to its investors for their continued support.

TPG RE Finance Trust, Inc. (NYSE: TRTX) announced it will release its third quarter 2022 financial results after market close on November 1, 2022. A conference call is scheduled for 10:00 a.m. ET on November 2, 2022, to discuss the results with investors. Interested parties can access the call via a dial-in number or through a live webcast on the Company’s investor relations website. The replay will be available from 1:00 p.m. ET on November 2 until November 16, 2022.

TPG Inc. (NASDAQ: TPG) will report its third quarter 2022 financial results on November 9, 2022, before the market opens. Following the announcement, a conference call is scheduled for 11:00 a.m. ET where investors can dial in or access via a webcast. TPG, a global alternative asset management firm, boasts $127 billion in assets under management and operates across five multi-product platforms, emphasizing collaboration and innovation in its investment strategy.

TPG RE Finance Trust, Inc. (NYSE: TRTX) declared a cash dividend of $0.24 per share for Q3 2022, payable on October 25, 2022. Shareholders of record as of September 28, 2022 will receive this dividend. TRTX focuses on originating, acquiring, and managing first mortgage loans secured by institutional properties in the U.S. The company's financial condition is subject to various risks, including pandemic impacts and investment performance uncertainties.

TPG RE Finance Trust, Inc. (NYSE: TRTX) has declared a cash dividend of $0.3906 per share for its 6.25% Series C Cumulative Redeemable Preferred Stock, payable on September 30, 2022. Shareholders of record as of September 20, 2022, will receive this dividend. The company focuses on originating, acquiring, and managing first mortgage loans secured by institutional properties across the United States.

TPG RE Finance Trust, Inc. (NYSE: TRTX) announces that Doug Bouquard, CEO, will host investor meetings at the Bank of America Securities 2022 Global Real Estate Conference on September 13, 2022. The presentation will be accessible via the Investor Relations section of the TRTX website.

TPG RE Finance Trust primarily originates and manages first mortgage loans secured by institutional properties in the United States. For more details, visit tpgrefinance.com.

TPG Capital has appointed Peter Munzig as Partner and Head of Business Services. Munzig, with 17 years at General Atlantic, will oversee investment activities in technology-enabled services that enhance enterprise outcomes globally. His prior experience includes investment banking at Goldman Sachs. TPG, founded in 1992, manages $127 billion in assets and invests across five sectors, including business services. Munzig's expertise is expected to bolster TPG's investment strategy in a rapidly evolving market.