Business StrategyTPG is well positioned to penetrate the private credit and infrastructure growth opportunities, driven by recent acquisition of Angelo Gordon and a unique impact investing platform that's a differentiator versus peers.
Financial PerformanceHigh quality and recurring fee-related earnings comprise over 85% of TPG's pretax income, versus the average alternative asset manager peer at 70%.
Market PositionTPG trades at a large discount to balance sheet light peers, presenting a potential re-rating opportunity as its moderate current valuation points to significant growth prospects.