TPG Results Presentation Deck slide image

TPG Results Presentation Deck

FAUM Rollforward FAUM increased $4.1 billion in 1Q'22 and $13.1 billion in the last twelve months, an increase of 7% and 26%, respectively ■ Increases over both periods were driven by fee earning capital raised in TREP IV of the Real Estate platform, with contribution from Rise Climate in the Impact platform in the last twelve months ($ in millions) FAUM Balance as of Beginning of Period Fee Earning Capital Raised (1) Net Change in Actively Invested Capital (2) Reduction in Fee Base of Certain Funds (3) FAUM as of end of period ($ in millions) FAUM Balance as of Beginning of Period Fee Earning Capital Raised (1) Net Change in Actively Invested Capital (2) Reduction in Fee Base of Certain Funds (3) FAUM as of end of period $ $ Capital 26,208 (725) 25,483 Capital 27,666 1,133 (3,316) 25,483 Growth $ Three Months Ended March 31, 2022 $ 10,514 $ 10,801 448 (27) 159 10,672 Growth Impact 8,484 $ 2,090 98 $ 10,672 11,222 Impact 4,501 7,038 (317) $ Last Twelve Months Ended March 31, 2022 11,222 Real Estate 6,235 4,267 241 10,744 Real Estate 5,742 4,309 693 10,744 Market Solutions $ 6,336 74 (326) $ 6,084 Market Solutions 4,663 325 1,096 6,084 $ $ $ Total 60,094 4,788 (677) 64,205 Total 51,056 14,895 (1,746) 64,205 1. Fee earning capital raised represents capital raised by our funds for which management fees calculated based on commitments were activated during the period. 2. Net change in actively invested capital includes capital invested during the period, net of return of capital distributions and changes in net asset value of hedge funds. It also includes adjustments related to funds with a fee structure based on the lower of cost or fair value. 3. Reduction in fee base represents decreases in the fee basis for funds where the investment or commitment fee period has expired, and the fee base has reduced from commitment base to actively invested capital. It also includes reductions for funds that are no longer fee paying. TPG | 20
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