TPG Inc.: Riding The Global M&A Momentum to Strengthen Liquidity, Optimize Exits, & Elevate Shareholder Value!

TPG, a global asset management firm, highlighted several key trends and outcomes for the third quarter of 2025, which can be used to construct an investment thesis. TPG reported a GAAP net income of $67 million and after-tax distributable earnings of $214 million, translating to $0.53 per share of Class A common stock. The company declared a dividend of $0.45 per share, consistent with its history of shareholder remuneration. The robust earnings were driven by a 20% year-over-year growth in total assets under management (AUM) and an 18% increase in quarterly fee-related earnings. One of the standout positives is TPG’s success in fundraising, particularly in a challenging market environment. TPG raised a near-record $18 billion in the third quarter, marking a 75% increase year-over-year. This growth was primarily bolstered by strong capital formation in private equity and credit, notably with a substantial $12.