TPG Inc. Files SC 13D/A Amendment
Ticker: TPGXL · Form: SC 13D/A · Filed: Mar 4, 2024 · CIK: 1880661
| Field | Detail |
|---|---|
| Company | Tpg Inc. (TPGXL) |
| Form Type | SC 13D/A |
| Filed Date | Mar 4, 2024 |
| Risk Level | low |
| Pages | 10 |
| Reading Time | 12 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: ownership-change, sec-filing
TL;DR
TPG Inc. filed an amendment to its 13D, updating ownership details. No major shifts mentioned, but always worth watching.
AI Summary
TPG Inc. filed an amendment (No. 3) to its Schedule 13D on March 4, 2024. The filing indicates changes in beneficial ownership for TPG Inc. by TPG GP A, LLC, which is associated with individuals like David Bonderman, James G. Coulter, and Jon Winkelried. The company is incorporated in Delaware and its fiscal year ends on December 31st.
Why It Matters
This filing provides updated information on significant beneficial ownership changes for TPG Inc., which could impact investor understanding of control and influence over the company.
Risk Assessment
Risk Level: low — The filing is an amendment to a Schedule 13D, typically reporting changes in beneficial ownership, and does not inherently signal significant new risks.
Key Players & Entities
- TPG Inc. (company) — Subject Company
- TPG GP A, LLC (company) — Filing Entity
- David Bonderman (person) — Group Member
- James G. Coulter (person) — Group Member
- Jon Winkelried (person) — Group Member
- Bradford Berenson (person) — Authorized Contact
FAQ
What is the purpose of this SC 13D/A filing?
This filing is Amendment No. 3 to the Schedule 13D for TPG Inc., indicating changes in beneficial ownership.
Who is filing this amendment?
The amendment is filed by TPG GP A, LLC.
When was this amendment filed?
The filing was made on March 4, 2024.
What is the CUSIP number for TPG Inc. Class A Common Stock?
The CUSIP number is 872657101.
Where is TPG Inc. incorporated and what is its fiscal year end?
TPG Inc. is incorporated in Delaware and its fiscal year ends on December 31st.
Filing Stats: 2,947 words · 12 min read · ~10 pages · Grade level 8.6 · Accepted 2024-03-04 16:16:38
Key Financial Figures
- $0.001 — (Name of Issuer) Class A Common Stock, $0.001 par value per share (Title of Class o
Filing Documents
- ss3094830_sc13da.htm (SC 13D/A) — 83KB
- 0000947871-24-000249.txt ( ) — 85KB
Identity and Background
Item 2. Identity and Background . This Amendment amends and restates the second paragraph of Item 2 of the Original Schedule 13D in its entirety as set forth below: “TPG GP A is the managing member of each of (i) TPG Group Holdings (SBS) Advisors, LLC, a Delaware limited liability company, and (ii) Alabama Investments (Parallel) GP, LLC, a Delaware limited liability company. TPG Group Holdings (SBS) Advisors, LLC is the general partner of TPG Group Holdings (SBS), L.P., a Delaware limited partnership, which directly holds 210,947,654 shares of Class B common stock, $0.001 par value per share (“Class B Common Stock”), of the Issuer.” This Amendment amends and restates the fourth and fifth paragraphs of Item 2 of the Original Schedule 13D in their entirety as set forth below: “Excluding the securities beneficially owned by TPG Group Holdings (SBS), L.P. and the API Entities, Mr. Bonderman beneficially owns directly or indirectly 37,967 shares of Class A Common Stock, Mr. Coulter beneficially owns directly or indirectly 2,699,966 shares of Class A Common Stock and Mr. Winkelried beneficially owns directly or indirectly 392,098 shares of Class A Common Stock.”
Purpose of Transaction
Item 4. Purpose of Transaction . This Amendment amends and supplements Item 4 of the Original Schedule 13D by inserting the following under the paragraph titled “Q1 2024 Registered Offering”: “On February 29, 2024, the Q1 2024 Registered Offering closed.”
Interest in Securities of the Issuer
Item 5. Interest in Securities of the Issuer . This Amendment amends and restates the second paragraph of Item 5 of the Original Schedule 13D in its entirety as set forth below: “(a)-(b) The following sentence is based on a total of 356,420,023 shares of Class A Common Stock outstanding, which is the sum of (i) the 92,467,384 shares of Class A Common Stock outstanding as of February 29, 2024, as reported in the Prospectus Supplement filed by the Issuer with the Commission on February 28, 2024, and (ii) the 263,952,639 shares of Class A Common Stock issuable upon exchange of 263,952,639 Common Units and the cancellation of a corresponding number of shares of Class B Common Stock. Pursuant to Rule 13d-3 under the Act, TPG GP A may be deemed to beneficially own 263,952,639 shares of Class A Common Stock, which constitutes approximately 74.1% of the outstanding shares of Class A Common Stock; Mr. Bonderman may be deemed to beneficially own 263,990,606 shares of Class A Common Stock, which constitutes approximately 74.1% of the outstanding shares of Class A Common Stock, and has pledged to a financial institution 24.99% of the “TPG Partner Units” he holds in his capacity as a TPG partner, which units are exchangeable under certain circumstances for Common Units and shares of Class B Common Stock held by TPG Group Holdings (SBS), L.P.; Mr. Coulter may be deemed to beneficially own 266,652,605 shares of Class A Common Stock, which constitutes approximately 74.8% of the outstanding shares of Class A Common Stock; and Mr. Winkelried may be deemed to beneficially own 264,344,737 shares of Class A Common Stock, which constitutes approximately 74.2% of the outstanding shares of Class A Common Stock.” CUSIP No. 872657101 SCHEDULE 13D Page 7 of 9 SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Dated: March 4, 2024 TPG GP A, L