TPG is a leading global alternative asset manager with $303.0 billion in assets under management as of December 31, 2025. The firm manages a broad range of investment strategies across private equity, credit, and real estate, operating through six multi strategy platforms that serve institutional investors worldwide.

TPG generates revenue primarily through management fees charged on assets under management, performance allocations based on fund profits, and transaction fees from its capital markets activities, which include underwriting, placement, and advisory services for debt and equity offerings.

The company operates through the following segments: Capital, Growth, Impact, Credit, Real Estate, and Market Solutions.

• Capital: Focuses on large scale control oriented private equity investments across geographies, with products including TPG Capital, TPG Healthcare Partners, and TPG Asia, managing $90.9 billion in assets under management.

• Growth: Provides flexible capital for rapidly growing businesses through products such as TPG Growth, TPG Tech Adjacencies, TPG Life Sciences Innovation, TPG Emerging Companies Asia, and TPG Sports, with $32.2 billion in assets under management.

• Impact: Pursues competitive financial returns alongside measurable societal impact via The Rise Funds, TPG Rise Climate, TPG Rise Climate Transition Infrastructure, TPG Rise Climate Global South Initiative, and TPG NEXT, overseeing $31.2 billion in assets under management.

• Credit: Offers diversified credit solutions across corporate and asset backed markets through TPG Credit Solutions, TPG Direct Lending, TPG Asset Based Finance, TPG CLOs, and TPG Multi Asset Credit, managing $93.1 billion in assets under management.

• Real Estate: Invests in equity and debt real estate opportunities via TPG Real Estate Partners, TPG Real Estate Thematic Advantage Core Plus, TPG AG U. S. Real Estate, TPG AG Europe Real Estate, TPG Asia Real Estate, TPG Net Lease, TPG RE Finance Trust, and TPG Real Estate Credit Opportunities, with $38.2 billion in assets under management.

• Market Solutions: Leverages the TPG ecosystem to address specific market opportunities through GP led secondaries (NewQuest and TPG GP Solutions), TPG Private Equity Opportunities, TPG Peppertree, and capital markets activities, managing $17.4 billion in assets under management.

TPG ranks among the largest alternative asset managers globally, competing with firms such as Blackstone, KKR, and Carlyle, while differentiating itself through a diversified platform strategy, a strong track record of risk adjusted returns, and a scalable infrastructure that provides operating leverage.

The company serves institutional investors including pension funds, endowments, foundations, sovereign wealth funds, and high net worth individuals who seek exposure to alternative investment strategies.