TPG has agreed to buy a minority stake in Homrich Berg, in a deal that values the wealth management firm at around $1 billion, people familiar with the matter said on Thursday.
Shares of Bicara Therapeutics surged nearly 46% in their market debut on Friday, signaling strong investor interest for the TPG-backed cancer therapy developer.
TRTX's commons have rallied 26% in the last year due to its conservative posturing, a reduction in office loans, and an increase in liquidity. The mREIT's loan portfolio is heavily focused on multifamily properties. Looming Fed rate cuts will see net interest income come under pressure, heightening the need for TRTX to be more aggressive on new loan originations in 2025.
TPG Inc. (NASDAQ:TPG ) Q2 2024 Earnings Call August 6, 2024 11:00 AM ET Company Participants Gary Stein - Head, Investor Relations Jon Winkelried - Chief Executive Officer Jack Weingart - Chief Financial Officer Jim Coulter - Executive Chairman and Co-Founder Todd Sisitsky - President Conference Call Participants Alex Blostein - Goldman Sachs Craig Siegenthaler - Bank of America Michael Cyprys - Morgan Stanley Ken Worthington - JPMorgan Glenn Schorr - Evercore Adam Beatty - UBS Brian McKenna - Citizens JMP Dan Fannon - Jefferies Bill Katz - TD Cowen Brian Bedell - Deutsche Bank Operator Good morning and welcome to the TPG Second Quarter 2024 Earnings Conference Call. [Operator Instructions] Please be advised that today's call is being recorded.
TPG Inc. (TPG) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.26 per share a year ago.
TPG Inc. (TPG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
TPG RE Finance Trust has shown price strength in July, up by 11%, benefiting from the trending small-cap rotation and value rotation in the market. Improved yield curve and potential rate cuts could be positive for mREITs like TRTX, driving up stock prices. TRTX is also expected to participate in the strong REIT rally as it is picking up momentum.
TPG Inc. (TPG) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Australia's competition watchdog has started an informal review of the network sharing deal between TPG Telecom and Optus, owned by Singapore Telecommunications , the regulator said on Friday.
German property lender Aareal Bank will book a gain of around 2 billion euros ($2.14 billion) after it sells its tech unit Aareon to private equity firm TPG and investor CDPQ, it said in announcing the deal on Monday.