Press release
TPG Reports First Quarter 2022 Financial Results
GAAP net income attributable to TPG Inc. of $41 million for the first quarter ended March 31, 2022 Announced first dividend as a public company of $0.44 per
About this update from Tpg Inc.
[{"type":"text","content":"\nGAAP net income attributable to TPG Inc. of $41 million for the first quarter ended March 31, 2022\n\nAnnounced first dividend as a public company of $0.44 per share of Class A common stock for the first quarter of 2022\n\nAfter-tax Distributable Earnings of $199 million (or $0.52 per share) for the first quarter ended March 31, 2022 more than tripled compared to $65 million for the comparable pro forma period in 2021\n\nTotal assets under management of $120 billion as of March 31, 2022, a 26% increase compared to $95 billion as of March 31, 2021\n\n SAN FRANCISCO & FORT WORTH, Texas--(BUSINESS WIRE)--\nTPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm, reported its unaudited first quarter 2022 results. TPG issued a full detailed presentation of its quarter ended March 31, 2022 results, which can be viewed through the Investor Relations section of TPG’s website at shareholders.tpg.com.\n\n“TPG’s strong financial results for the first quarter of 2022 highlight the momentum we are continuing to generate across our five multi-product platforms,” said Jon Winkelried, Chief Executive Officer. “We continue to make solid progress with our broad-based fundraising campaigns and are investing capital in a range of high-quality companies globally, while managing our investment portfolios to drive growth and opportunistically seek attractive realization opportunities. I’m proud of our team and confident in our ability to build long term value for our investors.”\n\nDividend\nTPG has announced a quarterly dividend of $0.44 per share of Class A common stock to holders of record at the close of business on May 20, 2022, payable on June 3, 2022.\n\nConference Call\nTPG will host a conference call and live webcast at 11:00 a.m. ET. It may be accessed by dialing (866) 342-8591 (US toll-free) or (203) 518-9713 (international), using the conference ID TPGQ122. The number should be dialed at least ten minutes prior to the start of the call. A simultaneous webcast will also be available and can be accessed through the Investor Relations section of TPG’s website at shareholders.tpg.com. A webcast replay will be made available on the Events page in the Investor Relations section of TPG’s website.\n\nAbout TPG\nTPG is a leading global alternative asset management firm founded in San Francisco in 1992 with $120 billion of asset...