TPG Results Presentation Deck slide image

TPG Results Presentation Deck

FAUM Rollforward FAUM increased $0.7 billion in 4Q'21 and $9.4 billion in FY'21, an increase of 1% and 19%, respectively Increases over both periods were largely driven by fee earning capital raised, particularly in the Impact platform, with contribution from the Growth platform on a full-year basis ■ ■ ($ 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 26,563 (355) 26,208 Capital 27,381 1,133 (2,306) 26,208 Growth $ 10,465 49 10,514 Growth 8,397 2,090 27 10,514 Three Months Ended December 31, 2021 Real Estate Impact $ 10,254 682 (135) $ 10,801 Year End December 31, 2021 Real Estate Impact 4,439 6,606 (244) $ 5,790 12 433 10,801 6,235 5,904 63 269 (1) 6,235 Market Solutions 6,275 38 23 6,336 Market Solutions 4,533 553 1,250 6,336 $ $ $ Total 59,347 732 15 60,094 Total 50,655 10,443 (1,003) (1) 60,094 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 | 23
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