TPG Inc. Receives Strong Buy Rating Following Solid Q1 Results

TPG Inc., a global alternative asset management firm, has been initiated with a “Strong Buy” rating by analysts following its impressive first-quarter results. The company, which specializes in managing customer investments across various platforms including capital, growth, impact, real estate, and market solutions, has demonstrated robust performance in the recent quarter. TPG Inc., based in Fort Worth, Texas, and listed on the Nasdaq, saw its stock close at $46.99 on May 22, 2025. Despite a 52-week low of $37.52 in April 2025, the company’s market capitalization stands at approximately $6.48 billion.

TPG NewQuest Leads Series B Funding for Citykart

In a significant move within the value fashion retail sector, Citykart, a prominent value fashion retailer in India, has raised Rs 538 crore in a Series B funding round. This round was co-led by TPG NewQuest, the Asia-focused secondary private equity arm of TPG, and A91 Partners. The investment is among the largest private equity investments in the value retail segment and aims to support Citykart’s expansion and deepen its presence across India, particularly in Tier II and III cities.

Multiples Alternate Asset Management Secures $430 Million Continuation Fund

Multiples Alternate Asset Management, a private equity firm known for backing high-growth startups such as Delhivery, Acko, and Dream Sports, has successfully closed a $430 million continuation fund. This fund, backed by investors including HarbourVest and TPG NewQuest, will extend the firm’s investment in three portfolio companies: Vastu Housing Finance, Quantiphi, and APAC Financial Services. The transaction allows existing investors in Multiples Fund II to monetize their investments while enabling the firm to retain ownership in its high-growth companies.

These developments highlight TPG Inc.’s active involvement in strategic investments and its continued influence in the global financial landscape. For more information on TPG Inc.’s offerings and initiatives, visit their website at www.tpg.com .