TPG Closes RE Fund at $2B-Plus


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The new fund builds on TPGRE’s success since 2009, Davis says.

SAN FRANCISCO—TPG Capital’s dedicated real estate platform, TPG Real Estate, has exceeded its fundraising goal for TPG Real Estate Partners II. The newly closed fund has secured more than $2 billion of equity commitments from institutional investors, TPG said Wednesday.

“Our success attracting support from new and existing investors is reflective of our talented team of professionals, our proven track record and the distinctive nature of our investment strategy,” says Kelvin Davis, founder and co-head of TGPRE. “Building on our growth over the past six years, we are looking forward to investing the fund successfully.”…

TPG Closes RE Fund at $2B-Plus

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