TPG Raises $15.6 Billion for TPG Partners IX and TPG Healthcare Partners II

February 14, 2024

Cleary Gottlieb represented TPG in the formation of its latest flagship U.S. and European private equity fund, TPG Partners IX, and its corresponding health care fund TPG Healthcare Partners II.

The vehicles raised $15.6 billion in aggregate commitments.

TPG (Nasdaq: TPG) is a leading global alternative asset management firm, founded in San Francisco in 1992, with approximately $222 billion of assets under management and investment and operational teams around the world. TPG invests across a broadly diversified set of strategies, including private equity, impact, credit, real estate, and market solutions.