4min chapter

ACQ2 by Acquired cover image

Capital Formation and the LP / GP Relationship (with Altimeter’s Meghan Reynolds)

ACQ2 by Acquired

CHAPTER

TPG Capital Formation

In 2010, TPG had four people and 40 billion in assets. The firm was growing at the same time as other firms like KKR or Blackstone. "You didn't need to have great communication because so much capital was flowing in," he says. 'The macroeconomic shifts on your track record are black marks'

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