Private equity firm TPG soars to $10bn valuation in strong market debut

Jon Winkelried, CEO of private equity firm TPG, celebrates his company's IPO outside the Nasdaq Market site in Times Square in New York, the US, January 13 2022. Picture: BRENDAN MCDERMID/REUTERS

“We will continue to build on the business in the way we have historically — organic growth, seeing opportunities and building into it,” he said. “Our experience has been that if you choose the right company in the right sectors, they will grow through the market perturbations that you see at times like these,” he said.TPG has nearly $109bn in assets under management, with investments across a range of industries including in companies such as Airbnb, Spotify Technology, Burger King and McAfee Corporation.

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