50 F
Fort Worth
Monday, January 25, 2021

Report: TPG planning new buyout fund

Fort Worth-based TPG Capital plans to begin raising as much as $12 billion for a new fund, according to a report from Bloomberg. Citing two investors, the report says the total amount for TGP’s seventh buyout fund would include $2 billion the firm has already secured for a bridge fund. TPG is one of the six biggest U.S. leveraged-buyout firms. In 2006, it helped fund the buyout of TXU, now Energy Future Holdings Corp., which is now in bankruptcy.  

Robert Francis
Robert is a Fort Worth native and longtime editor of the Fort Worth Business Press. He is a former president of the local Society of Professional Journalists and was a freelancer for a variety of newspapers, weeklies and magazines, including American Way, BrandWeek and InformatonWeek. A graduate of TCU, Robert has held a variety of writing and editing positions at publications such as the Grand Prairie Daily News and InfoWorld. He is also a musician and playwright.

Related Articles

Our Digital Sponsors

Stay Connected

7,348FansLike
1,942FollowersFollow
11,787FollowersFollow
80SubscribersSubscribe

Latest Articles

Get our email updates

Stay up-to-date with the issues, companies and people that matter most to business in the Fort Worth.