TPG Results Presentation Deck
Second Quarter and Year to Date Highlights
Actual
Non-GAAP
Financial
Measures
($M)
Pro Forma
Non-GAAP
Financial
Measures
($M)
Operating
Metrics
($B)
■
2Q'22 FRR of $256 million increased 46% versus 2Q'21, with 2Q'22 FRE of $102 million and 2Q'22 After-tax DE of $162 million
Fee-Related Revenues ("FRR")
Fee-Related Earnings ("FRE")
Realized Performance Allocations, Net
After-Tax Distributable Earnings
■
Fee-Related Revenues
Fee-Related Earnings
Realized Performance Allocations, Net
After-Tax Distributable Earnings
Assets Under Management ("AUM")
Fee Earning Assets Under Management ("FAUM")
Net Accrued Performance Allocations (1)
Available Capital
2Q'21
$175
9
177
198
Value Creation
Capital Raised
Capital Invested
2Q'22 After-tax DE of $162 million more than tripled compared to pro forma 2Q'21, driven by growth in realized performance allocations, net
and Fee-Related Earnings
Realizations
2Q'21
$179
45
4
53
2Q'22
$256
102
2Q'21
$108.3
52.3
0.4
25.2
60
162
2Q'21
18%
$5.8
4.7
4.9
Total AUM of $127 billion, up 17% in the last twelve months; Fee Earning AUM of $67 billion, up 28% during the same period
2Q'22
$256
102
60
162
2Q'21 YTD
$368
43
243
297
4Q'21
$113.6
60.1
0.8
28.4
2Q'22
(2%)
$12.7
3.8
4.4
2Q'21 YTD
$373
112
10
118
1Q'22
$120.4
64.2
0.8
30.3
2Q'21 YTD
31%
$7.2
8.4
2Q'22 YTD
$496
194
182
361
6.3
2Q'22 YTD
$496
194
182
361
2Q'22
$126.7
67.1
0.7
39.4
2Q'22 YTD
4%
$18.2
8.3
9.2
Note: Pro forma financial measures are on an adjusted basis, assuming the Reorganization and IPO occurred on January 1, 2020; see the Supplemental Details section of this presentation for a full reconciliation and description of adjustments. See the
Reconciliations and Disclosures section of this presentation for a full reconciliation between GAAP and Non-GAAP Financial Measures.
1.2Q'21 and 4Q'21 Net Accrued Performance Allocations are pro forma for the Reorganization and IPO.
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