Private Equity Fund News
Private equity firm TPG raises $1-B in IPO
Source Reuters (opens in a new tab)
Private equity firm TPG raised USD 1 billion in its US initial public offering at a valuation of USD 9.1 billion. TPG priced 33.9 million shares at USD 29.50 apiece. The buyout firm planned to sell the shares at USD 28-31 apiece.