TPG Results Presentation Deck
AUM Rollforward
AUM increased $6.8 billion in 1Q'22 and $25.2 billion in the last twelve months - an increase of 6% and
26%, respectively
■
AUM growth was driven by capital raised of $5.4 billion for 1Q'22 and $24.5 billion for 1Q'22 LTM, including
$7.7 billion in the Impact platform and $6.0 billion in the Real Estate platform in the last twelve months
Changes in Investment Value increased on both a quarter and LTM basis largely due to value creation of
7% in 1Q'22 and 33% for 1Q'22 LTM
($ in millions)
AUM
Balance as Beginning of Period
Capital Raised
Realizations
Changes in Investment Value (1)
AUM as of end of period
($ in millions)
AUM
Balance as Beginning of Period
Capital Raised
Realizations
Changes in Investment Value (1)
AUM as of end of period
$
Capital
$
55,337
233
(3,893)
5,093
56,770
Capital
$ 53,699
3,925
Growth
Three Months Ended March 31, 2022
$ 21,960
49
(253)
343
$ 22,099
Growth
Impact
17,298
4,791
(19,222)
(4,164)
18,368
4,174
56,770 $ 22,099
$ 13,549 $ 12,678
528
4,564
(265)
(6)
13,806
Real
Estate
Impact
Last Twelve Months Ended March 31, 2022
(321)
891
17,812
$ 13,806
Market
Solutions
Real
Estate
$ 10,094
74
(55)
(200)
9,912
Market
Solutions
5,932 $ 11,131
7,689
(1,336)
1,521
6,029
(2,958)
3,610
$ 17,812 $
$
Total
$ 113,618
5,448
(4,787)
6,120
$ 120,399
7,178 $
2,019
Total
95,238
24,453
(1,095)
(28,775)
1,810
29,483
9,912 $ 120,399
Note: For Market Solutions, capital raised in our SPAC vehicles represents funds raised in the SPAC IPO, including forward purchase agreements and private investment in public equity (PIPE) commitments, and realizations are considered to occur at
business combination with a target, in the amount of capital raised; for our hedge funds, capital raised represents new fund subscriptions.
1. Changes in investment value consists of changes in fair value, capital invested and available capital and other investment activities, including the change in net asset value of our hedge funds.
TPG | 19View entire presentation