Pensions and Wealth Funds Back Latest TPG Fund
Wealth funds continue to deploy capital to well-known U.S. alternative managers, seeking firms with steady track records. The Blackstone Group, Apollo Global Management and KKR continue to raise behemoth real estate funds, TPG Capital wants in on the action. Fort Worth-based TPG Real Estate, the real estate platform of TPG Capital, raised over US$ 2 billion in commitments for TPG Real Estate Partners II. This fund attracted both public and private pension funds, sovereign funds, insurance companies and other private equity investors. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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