Move puts buyout group on path blazed by Blackstone, KKR and Apollo Global Management
TPG has appointed Goldman Sachs and JPMorgan Chase to work on an initial public offering, inching closer to a stock market listing that the private equity firm has contemplated for much of the past decade.
The group could file IPO documents with US regulators as early as September, according to people familiar with its plans.
Executives at the buyout firm had been evaluating a merger with a special purpose acquisition company for several months, but ultimately opted for the traditional route of a stock market listing, the people said.
Read more/Source: FT
