TPG Results Presentation Deck
TPG Reports Second Quarter 2022 Financial Results
Total assets under management of $127 billion as of June 30, 2022, an increase of 17% compared to $108 billion as of June 30, 2021
GAAP net loss attributable to TPG Inc. of $10 million and net income of $31 million for the three months and six months ended June 30,
2022, respectively
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Fee-Related Earnings of $102 million for the quarter ended June 30, 2022, more than double the comparable pro forma quarter ending
June 30, 2021 of $45 million
After-tax Distributable Earnings of $162 million (or $0.46 per share of Class A common stock) for the quarter ended June 30, 2022, more
than tripled compared to $53 million for the comparable pro forma period in 2021
Announced dividend of $0.39 per share of Class A common stock for the quarter ended June 30, 2022
San Francisco and Fort Worth, TX – August 9, 2022 – TPG Inc. (NASDAQ: TPG), a leading global alternative asset management firm,
reported its unaudited second quarter 2022 results. TPG issued a full detailed presentation of its quarter ended June 30, 2022 results, which
can be viewed through the Investor Relations section of TPG's website at shareholders.tpg.com.
"We delivered strong financial results for the second quarter despite a volatile global macroeconomic and geopolitical environment. These
results highlight the momentum of our franchise, the strength of our portfolio, and the inherent growth and earnings power of our model," said
Jon Winkelried, Chief Executive Officer. "Our AUM growth was driven by significant fundraising activity across our business, led by first
closings in the quarter for several of TPG's flagship funds. In aggregate, we raised $13 billion during the second quarter and a record $31
billion over the last twelve months. With $39 billion of dry powder - the most in our firm's history - we believe we are well-positioned to deploy
capital across our core sectors and themes in this increasingly favorable investment environment."
Dividend
TPG has declared a quarterly dividend of $0.39 per share of Class A common stock to holders of record at the close of business on
August 19, 2022, payable on September 2, 2022.
Conference Call
TPG will host a conference call and live webcast at 11:00 am ET. It may be accessed by dialing (866) 342-8591 (US toll-free) or (203)
518-9713 (international), using the conference ID TPGQ222. The number should be dialed at least ten minutes prior to the start of the call. A
simultaneous webcast will also be available and can be accessed through the Investor Relations section of TPG's website at
shareholders.tpg.com. A webcast replay will be made available on the Events page in the Investor Relations section of TPG's website.
Shareholder contact:
Gary Stein
212-601-4750
[email protected]
Media contact:
Luke Barrett
415-743-1550
[email protected]
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