TPG in $5.3 Billion Formation of TPG Asia VIII

Cleary Gottlieb represented TPG in the formation of its latest flagship Asia private equity fund, TPG Asia VIII.

The fund raised $5.3 billion in aggregate commitments. The fund closed 14% higher than its predecessor, on which Cleary also advised, making TPG Asia VIII TPG’s largest Asia fund in TPG’s 30 years of investing in the region.

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.

For more information, please see the press release here.