Bending the Curve: Driving Transformative Growth
Real
Impact
Estate
Growth
Capital
Entering Fundraising Cycles with Broad-Based
1 Momentum Across Recent Vintages
Performance Momentum as of 9/30/211
Fund
TPG VIII
TPG VII
Vintage
2019
Gross IRR
109%
Gross MoM
1.7x
2015
28%
2.2x
TPG Healthcare Partners
2019
138%
2.2x
Asia VII
Asia VI
Growth V
Growth IV
TTAD
TDM
Rise II
Rise I
TREP III
TREP II
2017
37%
1.9x
2012
19%
2.1x
2020
NM
1.3x
2017
31%
1.7x
2018
68%
1.9x
2017
30%
1.9x
2020
NM
1.3x
2017
32%
2.0x
2018
41%
1.4x
2014
31%
1.8x
$22 billion of realizations in the last twelve months
Note: Past performance is not indicative of future results.
1. As of September 30, 2021. Net IRRs for were 55% (TPG VIII), 21% (TPG VII), 84% (TPG Healthcare Partners), 24% (Asia VII), 14% (Asia VI), 20% (Growth IV), 56% (TTAD), 24% (TDM), 21% (Rise I), 27% (TPG RE III) and 21% (TPG RE II).
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