Global alternative asset management firm TPG has closed TPG Tech Adjacencies II, the firm’s second fund for its strategy dedicated to providing flexible capital solutions to the technology industry.
TPG, headquartered in Fort Worth and San Francisco, said it secured $3.4 billion of equity commitments for TTAD II and related vehicles, surpassing the fund’s target and doubling the capital raised for the inaugural TTAD fund in 2018....
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