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TPG Sixth Street Partners

Company Summary

Description

TPG Sixth Street Partners ("TSSP") is the firm's dedicated credit and credit-related investment platform with approximately $20 billion in assets currently under management.

Website

https://www.tpg.com/platforms/tssp

Related Entities

Recent news

  • 6/15/2020 - Antero Resources Closes... (subscriber access)
  • 6/13/2019 - TPG Sixth Street... (subscriber access)
  • 10/8/2018 - Northern Oil & Gas... (subscriber access)
  • 2/26/2018 - Legacy Reserves Reports... (subscriber access)
  • 2/26/2018 - Legacy Reserves Boosts... (subscriber access)

Company Transactions

Date: 6/15/2022
Type: Acquisition

BUYERS:
  • TPG Sixth Street Partners
    • SELLERS:
  • Antero Resources Corporation
    • DETAILS:

    COST: 402 $MM

    NOTES:
    Antero Resources has closed on an overriding royalty interest deal with Sixth Street Partners for proceeds of $402 million. They will use those proceeds to repay revolver borrowings. The deal included a 1.5% ORRI in all existing producing wells and a 3.75% ORRI in wells completed in the next three years.
    REGIONS:
  • Marcellus Shale
  • Utica