TPG Announces Close of TPG Real Estate Partners IV

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SAN FRANCISCO & FORT WORTH, Texas & LONDON–(BUSINESS WIRE)–TPG Real Estate (TPGRE), the dedicated real estate platform of global alternative asset firm TPG, announced today it has closed its latest opportunistic real estate equity fund, TPG Real Estate Partners IV (TREP IV). The fund was oversubscribed, hitting its hard cap and securing more than $6.8 billion of total commitments. TREP IV was formed as a continuation of TPGREā€™s opportunistic real estate fund series. Its strategy focuses on th