Private equity major TPG announced that it has secured close to $8 billion in total commitments for its dedicated Asia private equity and real estate vehicles.
TPG said it has raised approximately $5.3 billion in aggregate capital commitments for TPG Asia VIII, its eighth flagship Asia buyout fund, larger than the predecessor TPG Asia VII, which raised over $4.6 billion in early 2019.
The PE firm also secured more than $2.5 billion in total commitments for its first TPG Angelo Gordon Asian real estate funds – TPG AG Asia Realty Fund V and TPG AG Japan Realty Value Fund.
Asia Realty Fund…