TPG raises $15 bln in Q3, expects to surpass $50 bln fundraising goal

TPG

29/10/2026 11:16

Overview
Alternative asset manager raised $15 bln in Q3, expects to exceed $50 bln fundraising target for 2026
Q3 EPS was $0.41
Company declared Q3 dividend of $0.55 per share

Outlook
TPG expects to exceed its $50 bln fundraising target for 2026
Company sees an attractive investment environment ahead with $86 bln of dry powder

Result Drivers
FUNDRAISING MOMENTUM - Co said strong investment performance and client relationships supported $15 bln raised in the qtr and put it on track to exceed full-yr fundraising target
DRY POWDER - Co reported record $86 bln of dry powder, citing an attractive investment environment

Company press release: ID:nBw8V3Zsva

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 EPS
 
$0.41
 
Q3 Dividend
 
$0.55
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the investment management & fund operators peer group is "buy"
Wall Street's median 12-month price target for TPG Inc is $58.00, about 30.1% above its October 28 closing price of $44.59
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 13 three months ago

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Oct 29 - CVC says next buyout fund might surpass latest, assets jump one-fourth

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)