TPG Inc. 10-K filed Feb 17, 2026

Modified · Overview

We offer a broad range of investment strategies across the alternative asset management landscape, primarily in private equity, credit and real estate, and have constructed a high-quality base of assets under management within attractive sub-segments of these asset classes. The strength of our investment performance and our proven ability to innovate within our business, together with our ongoing focus on strategic, inorganic growth has led to consistent historical growthincrease in our assets under management, all with the support of a scaled infrastructure that provides our business with a high degree of operating leverage. From 20202021 to December 31, 20242025, our assets under management have grown 173.2166.4% from $90.0113.6 billion to $245.9303.0 billion, which includes the impact of our highly strategic acquisitionacquisitions of Angelo Gordon, a scaled alternative investment firm focused on credit and real estate investing, on November 1, 2023, and Peppertree, a specialized digital infrastructure investment firm with a focus on wireless communications towers on July 1, 2025. The following table presents AUM over the last five years: