WSJ News Exclusive | TPG Moving Forward With Initial Public Offering Plan

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WSJ News Exclusive | TPG Moving Forward With Initial Public Offering Plan
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TPG has hired JPMorgan Chase and Goldman Sachs to underwrite its planned initial public offering, moving the private-equity powerhouse closer to a milestone it has flirted with for years

TPG has hired JPMorgan Chase & Co. and Goldman Sachs Group Inc. to underwrite its planned initial public offering, according to people familiar with the matter, moving the private-equity powerhouse closer to a milestone it has flirted with for years.

“We continue to evaluate strategic alternatives and have nothing to announce at this time,” a TPG spokesman said in a statement. With headquarters in San Francisco and Fort Worth, Texas, and offices around the world, TPG manages nearly $100 billion in assets. The firm, one of the last of the original buyout giants to remain a private partnership,

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