TPG, one of the world’s largest buyout firms, has filed to go public.
The investor behind industrial property venture 4i and a £500m BTR venture with Gatehouse has been mulling an IPO for decades.
The Texas-based group, which has $109bn in assets under management and is one of the last large-scale buyout groups to remain private, will join the likes of Blackstone, KKR and Apollo by tapping into public investors to fund growth.