Business
TPG and Jackson Financial Inc. Announce Strategic Partnership to Accelerate Growth
SAN FRANCISCO & FORT WORTH, Texas & LANSING, Mich., January 06, 2026--TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm and Jackson Financial Inc. (NYSE: JXN) (Jackson®), a leading U.S. retirement services firm, today announced that they have established a long-term, strategic investment management partnership. Under the agreement, 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
About this update from Jackson Financial Inc.
[{"type":"list","items":[{"val":[{"type":"text","content":"TPG and Jackson Financial Inc. to establish long-term, strategic investment management partnership, with a minimum commitment of $12 billion of AUM and strong economic incentives aligned to a long-term target of $20 billion","length":223,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Partnership expected to commence with an allocation to TPG Credit, initially focused on Investment Grade Asset Based Finance and Direct Lending, with opportunities to expand into other strategies over time","length":205,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"TPG to make $500 million minority investment in Jackson, representing an approximate 6.5% pro forma ownership stake in the Company; Jackson to receive $150 million in TPG shares, priced at market, further aligning long-term partnership and incentives","length":250,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":678,"olType":false},{"type":"text","content":"SAN FRANCISCO & FORT WORTH, Texas & LANSING, Mich., January 06, 2026--(BUSINESS WIRE)--TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm and Jackson Financial Inc. (NYSE: JXN) (Jackson®), a leading U.S. retirement services firm, today announced that they have established a long-term, strategic investment management partnership. Under the agreement, 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 strategic investment management partnership will initially focus on Investment Grade Asset Based Finance (ABF) and Direct Lending, further accelerating TPG’s credit origination momentum.","length":717,"tagName":"p"},{"type":"text","content":"As part of the transaction, TPG will make a $500 million minority investment in Jackson, representing an approximate 6.5% pro forma ownership stake. Jackson will receive $150 million of TPG stock, priced at market, with the potential to receive additional shares if the investment management partnership grows to $20 billion. This structure creates significant alignment among the firms and long-term value creation opportunities. The investment from TPG will further enhance Jackson’s growth plans and broader strategic initiatives.","length":533,"tagName":"p"},{"type":"text","content":"&quo...