TPG Lending Unit Eyes $200M IPO

Feb 19 2014 | 1:49pm ET

TPG Capital's specialty finance business plans to raise as much as $200 million in an initial public offering.

TPG Specialty Lending is set to go public in about three weeks. The company expects the IPO to net between $150 million and $200 million, some of which will be used to retire debt, The Wall Street Journal reports.

TPG Specialty Lending said yesterday that its loan portfolio has grown to $889 million, producing a 10.4% yield.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...