TPG INC Stock Price, News & Analysis

TPG RE Finance Trust (NYSE: TRTX) has successfully closed TRTX 2025-FL6, a $1.1 billion managed Commercial Real Estate Collateralized Loan Obligation (CRE CLO) on March 28, 2025. The company placed $962.5 million of investment grade securities with institutional investors, securing non-mark-to-market, non-recourse term financing.

Key features of TRTX 2025-FL6 include:

• 30-month reinvestment period
• 87.5% advance rate
• Weighted average interest rate of Term SOFR plus 1.83% at issuance

TRTX also redeemed TRTX 2019-FL3 on March 17, 2025, which had $114.6 million outstanding. The combined transactions generated net cash proceeds of approximately $191.0 million for investment and corporate purposes.

TPG (NASDAQ: TPG), a global alternative asset management firm, has announced the appointment of Jennifer Chu as Partner, Chief Legal Officer and General Counsel, effective March 31. Chu will succeed Bradford Berenson, who will transition to a Senior Advisor role before retiring at year-end.

Chu joins from Debevoise & Plimpton LLP, where she served as Deputy Co-Chair of the M&A Group and member of the Private Equity and Healthcare & Life Sciences Groups. She brings significant experience in mergers and acquisitions, joint ventures, and corporate matters. Her expertise has been recognized by The Legal 500 US (2024), The Deal (2022), and IFLR1000 (2022).

Berenson, who joined TPG in 2017, played a key role in the company's IPO, public company transition, and Angelo Gordon acquisition.

TPG RE Finance Trust (NYSE: TRTX) has announced its first quarter 2025 dividend distribution. The company's Board of Directors has declared a cash dividend of $0.24 per share of common stock. The dividend will be paid on April 25, 2025 to shareholders who are recorded as stockholders as of March 28, 2025.

TPG RE Finance Trust (NYSE: TRTX) has announced the pricing of TRTX 2025-FL6, a $1.1 billion managed Commercial Real Estate Collateralized Loan Obligation (CRE CLO). The company expects to place approximately $962.5 million of investment grade securities with institutional investors, providing non-mark-to-market, non-recourse term financing.

Key features of TRTX 2025-FL6 include:

• 30-month reinvestment period
• 87.5% advance rate
• Weighted average interest rate at issuance: Term SOFR plus 1.83%

TRTX will redeem TRTX 2019-FL3 on March 17, 2025, which currently has $114.6 million outstanding. The new issuance and redemption are expected to generate net cash proceeds of approximately $211.1 million for investment and corporate purposes. The transaction is expected to close around March 28, 2025.

TPG RE Finance Trust (NYSE: TRTX) has announced a quarterly cash dividend for its 6.25% Series C Cumulative Redeemable Preferred Stock. The company will distribute $0.3906 per share for the first quarter of 2025. The dividend will be payable on March 31, 2025 to preferred stockholders of record as of March 21, 2025.

TPG RE Finance Trust (TRTX) reported its Q4 and full-year 2024 results, demonstrating solid performance with full-year earnings covering its annual dividend of $0.96 per share. The company ended 2024 with $321 million in cash and near-term liquidity, maintaining a 100% performing loan portfolio.

In Q4 2024, TRTX achieved GAAP net income of $6.9 million ($0.09 per share) and originated $242 million in new loans. The company's book value per share stood at $11.27. For full-year 2024, TRTX reported net income of $59.7 million ($0.75 per share) and originated $562.3 million in loans with a weighted average loan-to-value ratio of 63.1%.

The company's CECL reserve decreased by $5.3 million to $64.0 million in Q4, representing 187 basis points of total loan commitments. Non-mark-to-market borrowings comprised 77.0% of total borrowings at year-end.

TPG Inc. (NASDAQ: TPG) has announced its unaudited fourth quarter and full year 2024 financial results. The company reported strong investment and financial performance throughout 2024, with significant progress in key business areas including fundraising, deployment, and organic growth.

The company has declared a quarterly dividend of $0.53 per share of Class A common stock, payable on March 7, 2025, to shareholders of record as of February 21, 2025.

CEO Jon Winkelried expressed confidence in the company's momentum heading into 2025, highlighting multiple growth opportunities and the team's focus on generating differentiated returns for clients while building long-term shareholder value.

TPG RE Finance Trust (TRTX) has scheduled its fourth quarter and full year 2024 earnings release for Tuesday, February 18, 2025, after market close. The company will hold a conference call and webcast to discuss the results on Wednesday, February 19, 2025, at 9:00 a.m. ET.

Investors can access the conference call from the United States and Canada by dialing +1 (877) 407-9716, while international callers should use +1 (201) 493-6779. A webcast will be available on the company's investor relations website. A replay will be accessible through March 5, 2025, using domestic number +1 (844) 512-2921 or international number +1 (412) 317-6671 with passcode 13751074.

TPG (NASDAQ: TPG), a leading global alternative asset management firm, has announced its participation in the upcoming BofA Securities 2025 Financial Services Conference. Jack Weingart, the company's Chief Financial Officer, will deliver a presentation on Wednesday, February 12, 2025, at 1:50 p.m. ET.

The presentation will be accessible through a live audio webcast on TPG's website in the Investor Relations section at shareholders.tpg.com/events-presentations/events. For those unable to attend the live session, a replay will be made available on the Events page of TPG's website following the presentation.