01.17.22
TPG has invested in Rodan + Fields, E.l.f. Cosmetics and Beautycounter. But after its IPO jumped 15% last week, the private equity firm has even more cash to make bigger deals.
The San Francisco and Fort Worth, TX-based company will use 40% of the proceeds to buy back stock from existing investors and the rest to support its operations, pursuing new lines of business or new markets.
TPG has $109 billion in assets under management. It has about 912 employees across eight countries keeping tabs on its more than 280 active portfolio companies employing more than 500,000 people.
The San Francisco and Fort Worth, TX-based company will use 40% of the proceeds to buy back stock from existing investors and the rest to support its operations, pursuing new lines of business or new markets.
TPG has $109 billion in assets under management. It has about 912 employees across eight countries keeping tabs on its more than 280 active portfolio companies employing more than 500,000 people.