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TPG and Jackson Financial Inc. Announce Launch of Long-Term Strategic Partnership
SAN FRANCISCO & FORT WORTH, Texas, February 11, 2026--TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, today announced the closing of the previously announced long-term strategic investment management partnership with Jackson Financial Inc. (NYSE: JXN) (Jackson®), a leading U.S. retirement services firm.
About this update from Jackson Financial Inc.
[{"type":"text","content":"Leverages the Power of TPG and Jackson’s Complementary Capabilities, Strengthens Both Firms, and Unlocks Additional Avenues for Growth Over Time","length":144,"tagName":"p","attribs":{}},{"type":"text","content":"SAN FRANCISCO & FORT WORTH, Texas, February 11, 2026--(BUSINESS WIRE)--TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, today announced the closing of the previously announced long-term strategic investment management partnership with Jackson Financial Inc. (NYSE: JXN) (Jackson®), a leading U.S. retirement services firm.","length":353,"tagName":"p"},{"type":"text","content":"Under the agreement, which was first announced by TPG and Jackson on January 6, 2026, TPG will manage a minimum commitment of $12 billion of AUM for Jackson, with economic incentives aligned to a long-term target of $20 billion. The non-exclusive investment management arrangement, with a 10-year initial term and automatic 1-year renewals through year 15, is initially focused on Investment Grade Asset Based Finance (ABF) and Direct Lending, further accelerating TPG’s credit origination momentum.","length":499,"tagName":"p"},{"type":"text","content":"As part of the transaction, TPG has made a $500 million minority investment in Jackson, acquiring 4,715,554 shares of Jackson’s common stock, which represents an approximate 6.5% common equity stake in Jackson Financial Inc. Additionally, TPG issued to a wholly owned, indirect subsidiary of Jackson 2,279,109 shares of TPG Class A common stock.","length":345,"tagName":"p"},{"type":"text","content":""Our partnership with Jackson is a testament to the power of our franchise, our differentiated credit capabilities, and the investment expertise that we’ve built over decades," said Jon Winkelried, Chief Executive Officer of TPG. "We've developed a strong relationship with the Jackson team, and it's clear that our goals for this partnership are closely aligned. We are excited about this next leg of growth for our credit and insurance strategies, which further positions TPG to be the partner-of-choice for clients as they seek customized asset management solutions."","length":598,"tagName":"p"},{"type":"text","content":""We are thrilled to officially launch our partnership with TPG, an important step forward in further strengthening our competitivenes...