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TPG raises over US$2b for its first multi- investor property fund

The pool of capital pledges slightly exceeds its target at a time of volatility in financial markets

Published Wed, Oct 7, 2015 · 09:50 PM

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Seattle

TPG Capital finished gathering more than US$2 billion of capital pledges for its first multi-investor real estate fund, slightly exceeding its target at a time of volatility in financial markets.

The Fort Worth, Texas-based firm, whose property unit is led by Kelvin Davis and Avi Banyasz, began raising the new pool about 20 months ago.

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