TPG Establishes Talent Management Platform and Invests in Untitled Entertainment

Initial Group / Untitled Entertainment Acquires Grandview (TPG-backed)

October 21, 2024

Media & Entertainment

TPG announced the formation of its talent-centric entertainment platform, Initial Group, and said that Hollywood literary management firm Grandview has been acquired and will be combined under Untitled Entertainment, the platform's first investment. The transaction brings Grandview's leadership and team into Untitled and expands Initial Group's scale and literary representation capabilities.

TPG Acquires Peppertree Capital Management

July 2, 2025

Infrastructure

TPG Inc. has completed its acquisition of Peppertree Capital Management, adding a $7.8 billion communications infrastructure investing strategy that will operate as TPG Peppertree. The business will be led by Peppertree's Co-Managing Partners Howard Mandel and Ryan Lepene and expands TPG's footprint in digital infrastructure, bringing pro forma AUM to $258 billion.

TPG Growth Invests in Musixmatch

July 27, 2022

Media & Entertainment

TPG, via its TPG Growth platform, made a significant growth equity investment in Musixmatch to support the music data company's international expansion and product capability development. The funding will help Musixmatch expand its lyrical content, metadata services, and AI/ML capabilities across new verticals and markets.

TPG Capital Makes Minority Investment in Creative Planning

September 30, 2024

Wealth Management

TPG Capital has made a substantial minority growth investment in Creative Planning, a leading independent wealth management firm, joining existing investor General Atlantic. Terms were not disclosed; Creative Planning CEO Peter Mallouk will remain in place and retain a majority stake. The capital will support continued expansion and enhancement of the firm's wealth-management and planning-led service offerings.

EQT Private Equity Acquires Minority Stake in United Talent Agency

July 19, 2022

Media & Entertainment

EQT Private Equity (via its EQT X fund) agreed to acquire a minority stake in United Talent Agency (UTA), becoming the largest outside shareholder while UTA's partnership and leadership retain control. Investcorp will sell its full minority stake and EQT will also purchase portions of existing stakes from continuing shareholders including PSP Investments; the investment will support UTA's growth, innovation and international expansion.

TPG Acquires Angelo Gordon

May 15, 2023

Financial Services

TPG Inc. agreed to acquire Angelo Gordon in a cash-and-equity transaction announced May 15, 2023 and completed November 2, 2023, creating TPG Angelo Gordon — a diversified credit and real estate investing platform within TPG. The deal (approximately $2.7 billion consideration including cash, equity and an earnout) expands TPG's capabilities into credit and complementary real estate strategies and increases its alternative-asset product offering and AUM.