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 Pace Solutions Corp. (NYSE: TPGS) announced a special stockholder meeting scheduled for November 30, 2021, to approve its business combination with Vacasa, a top vacation rental management platform. Shareholder approval is anticipated, with the transaction expected to close on December 6, 2021. Following the closure, the combined company will trade under the ticker symbol VCSA starting December 7, 2021. Vacasa expects to enhance investments in technology and offerings, aiming for strong growth amidst favorable booking trends.
Vacasa, the leading vacation rental management platform in North America, and TPG Pace Solutions Corp. (NYSE: TPGS) announced their participation in a fireside chat with IPO Edge. The event, featuring CEO Matt Roberts and Chairman Karl Peterson, will discuss Vacasa's business combination with TPGS, the vacation rental industry's professionalization, and the company’s recent record performance in Q3 2021. The live Q&A session is scheduled for 11:00 AM ET and aims to elaborate on Vacasa's technology-driven advantages.