Press release

TPG Closes TPG Tech Adjacencies With More Than $1.5 Billion in Capital Commitments

Sponsored by Businesswire

TPG, a leading global alternative assets firm, announced today the
closing of TPG Tech Adjacencies (TTAD), a new investment vehicle focused
on capital solutions for the technology industry. TTAD aims to provide
flexible capital for founders, employees, and early investors looking
for liquidity, as well as primary structured equity solutions for
companies looking for additional, creative capital for growth. The fund
reached $1.6 billion in capital commitments, surpassing its hard cap of
$1.5 billion. TTAD is led by David Trujillo, Managing Partner and
Partner, Internet, Digital Media & Communications (IDMC), and Nehal Raj,
Partner, Software & Enterprise Technology.

“The firm has a history of building new, innovative products and
strategies to address evolving market opportunities,” said Jon
Winkelried, Co-CEO of TPG. “In developing TTAD, we’re combining our
differentiated insight and sector expertise to bring a new capital
solution to an emerging class of technology companies and entrepreneurs
who are choosing to stay private longer. TTAD marks another step in the
evolution of TPG’s platform as we continue to find differentiated ways
to deliver value for our investors.”

Working across TPG Capital, TPG Growth, The Rise Fund, and TTAD, TPG’s
IDMC and Software & Enterprise Technology teams have significant
experience executing complex transactions and partnering with dynamic
companies across all stages of growth. With approximately $9 billion
invested in the sectors, select current and past investments include
Airbnb, Box, Calm, CCC Information Services, C3, Entertainment Partners,
EverFi, Fandom, GreenSky, IMS Health (now known as IQVIA), Intergraph,
Ipsy, Kaseya,,
McAfee,, RCN/Grande/Wave Communications, Spotify, Tanium,
Uber, WellSky, Wind River, and Zscaler.

About TPG

TPG is a leading global alternative asset firm founded in 1992 with more
than $104 billion of assets under management and offices in Austin,
Beijing, Boston, Dallas, Fort Worth, Hong Kong, Houston, London,
Luxembourg, Melbourne, Moscow, Mumbai, New York, San Francisco, Seoul
and Singapore. TPG’s investment platforms are across a wide range of
asset classes, including private equity, growth equity, real estate,
credit, and public equity. TPG aims to build dynamic products and
options for its investors while also instituting discipline and
operational excellence across the investment strategy and performance of
its portfolio. For more information, visit