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Companies / Financials / TPG Inc.
TPG

TPG Inc.

FinancialsBanks & Brokers
Ticker TPGFORT WORTH, TXFiscal year ends DecemberBook value per share $3.21Diluted shares 384.6M

TPG Inc. (NASDAQ: TPG) is a leading global alternative asset manager with $303.0 billion in assets under management as of December 31, 2025. The firm operates through six multi-strategy investment platforms: Capital, Growth, Impact, Credit, Real Estate, and Market Solutions, each comprising complementary products that… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$4.67B
+33.4% year over year
Last 12 mo $5.06B
0.00%
$599.59M
+879.5% year over year
Last 12 mo $678.04M
15.57%
+12.6 percentage points
Last 12 mo 19.11%
Cash & financing
$1.03B
+94.0% year over year
Last 12 mo $972.57M
$1.03B
+94.0% year over year
Last 12 mo $972.57M
1.45
Was 1.63× a year earlier
Last 12 mo 1.90
374.1M
+2.6% year over year
Last 12 mo 384.6M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What TPG Inc. does

In the company’s own words

TPG Inc. (NASDAQ: TPG) is a leading global alternative asset manager with $303.0 billion in assets under management as of December 31, 2025. The firm operates through six multi-strategy investment platforms: Capital, Growth, Impact, Credit, Real Estate, and Market Solutions, each comprising complementary products that serve diverse investor needs across the alternative asset management landscape.

The Capital platform focuses on large-scale, control-oriented private equity investments through TPG Capital, TPG Healthcare Partners, and TPG Asia, managing $90.9 billion in AUM. The Growth platform provides flexible growth equity and middle-market investing capabilities with $32.2 billion in AUM across products including TPG Growth, TPG Tech Adjacencies, and TPG Sports. The Impact platform, among the largest in the industry, pursues competitive financial returns alongside measurable societal benefits through The Rise Funds, TPG Rise Climate, and related products, managing $31.2 billion in AUM.

The Credit platform spans private and tradable credit across corporate and asset-backed markets with $93.1 billion in AUM, including TPG Credit Solutions, TPG Direct Lending, and TPG CLOs. The Real Estate platform manages $38.2 billion in AUM through products focused on equity investments, net lease properties, and real estate credit across North America, Europe, and Asia. The Market Solutions platform, with $17.4 billion in AUM, includes GP-led secondaries, TPG Private Equity Opportunities, and TPG Peppertree, a digital infrastructure investment firm acquired in July 2025.

TPG employs over 1,900 people, including approximately 690 investment and operations professionals, across 16 countries. The firm manages more than 400 active portfolio companies, approximately 300 real estate properties, and over 6,400 credit positions across more than 33 countries. The company has demonstrated significant growth, expanding AUM 166.4 percent from $113.6 billion in 2021 through organic growth and strategic acquisitions, including Angelo Gordon in November 2023 and Peppertree in July 2025. TPG's website is www.tpg.com.

Company details
Sector
Financials
Industry
Banks & Brokers
Headquarters
FORT WORTH, TX
Fiscal year end
December
CIK
1880661
SIC
6282

Financial performance, year by year

Fiscal 2020–2025 · USD
$-590.23M$949.71M$2.49B$4.03B$5.57B202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns TPG Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

280
funds hold it
0 of 35
superinvestors hold it
$1.74B
held by funds, at market
26.2%
of shares held by funds

Largest fund holders · TPG Inc.’s weight in each

0.15%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
0.38%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.07%of fund net assets
VANGUARD SMALL-CAP VALUE INDEX FUND
VBR · VANGUARD INDEX FUNDS
0.13%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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