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TPG

Company Summary

Description

TPG is a leading global private investment firm founded in 1992 with over $70 billion of assets under management and offices in San Francisco, Fort Worth, Austin, Dallas, Houston, New York, Beijing, Hong Kong, London, Luxembourg, Melbourne, Moscow, Mumbai, São Paulo, Shanghai, Singapore and Tokyo. TPG's investment platforms are across a wide range of asset classes including private equity, growth venture, real estate, credit and public equity. TPG aims to build dynamic products and options for its investors while also instituting discipline and operational excellence across the investment strategy and performance of their portfolio.

Website

http://www.tpg.com/

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Recent news

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Company Transactions

Date: 5/15/2022
Type: Acquisition

BUYERS:
  • PDC Energy, Inc.
    • SELLERS:
  • Great Western Petroleum, LLC
  • EIG Global Partners
  • TPG
  • The Broe Group
    • DETAILS:

    COST: 1.3 $B

    VOLUMES: 55 MBOE/d

    NOTES:
    PDC Energy has signed a deal to acquire Great Western Petroleum in the DJ Basin for $1.3 billion from EIG, TPG Energy Solutions, L.P. and The Broe Group. They will finance the deal via the issuance of 4.0 million shares of common stock and $543 million in cash. Closing is targeted for the second quarter of 2022.
    REGIONS:
  • DJ Basin