Private equity firm TPG has submitted paperwork for an initial public offering in the United States. It listed an offer size of $100 million in an S-1 filing.
TPG has about $109 billion in assets listed. Total revenues this year have been almost $4 billion, and profits stand at more than $1.7 billion, it said in its prospectus, reported the Financial Times.
TPG Real Estate Partners has approximately $5.6 billion of assets under management.
