Spin-off: TPG Asia VII has committed more than 40 of the capital across 12 companies, including Du Xiaoman, the consumer lending, wealth management and payments platform spun out from Baidu. — Reuters
PETALING JAYA: TPG, a global alternative asset firm based in Fort Worth, Texas, has announced the final close of its latest Asian-focused private equity fund, TPG Capital Asia VII.
The fund raised over US$4.6bil in commitments, exceeding the its target.
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