TPG Results Presentation Deck slide image

TPG Results Presentation Deck

First Quarter and Last Twelve Months Highlights Actual Non-GAAP Financial Measures ($M) Pro Forma Non-GAAP Financial Measures ($M) Operating Metrics ($B) I 1Q'22 FRE of $92 million increased 174% versus 1Q'21, and After-tax DE of $199 million doubled year-over-year 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 1Q'21 $193 34 66 99 1Q'22 After-tax DE of $199 million more than tripled compared to 1Q'21, driven by growth in realized performance allocations, net and Fee- Related Earnings Value Creation Capital Raised Capital Invested Realizations 1Q'21 $194 67 6 65 1Q'21 $95.2 51.1 0.5 Total AUM of $120 billion, up 26% in the last twelve months; Fee Earning AUM of $64 billion, up 26% during the same period 23.1 1Q'22 $241 92 122 199 1Q'21 11% $1.5 3.7 1.4 1Q'22 $241 92 122 199 4Q'21 $113.6 60.1 0.8 28.4 1Q'22 7% $5.4 1Q'22 LTM 4.4 $915 237 1,056 1,339 4.8 1Q'22 LTM $921 351 321 672 1Q'22 $120.4 64.2 0.8 30.3 1Q'22 LTM 33% $24.5 22.3 28.8 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. 1Q'21 and 4Q'21 Net Accrued Performance Allocations are pro forma for the Reorganization and IPO. TPG 17
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