Aligning Interests and Extending Reach
The continuation fund aligns TPG Twin Brook with its limited partner base while ensuring active management of a portfolio spread across North American middle-market borrowers. Investors—both new and existing—gain access to a portfolio that blends stability with upside potential in an evolving credit market.
A One-Two Punch for TPG
The announcement comes just 24 hours after San Francisco-based TPG, represented by Cleary Gottlieb Steen & Hamilton LLP, disclosed the close of TPG Growth VI, its sixth and largest growth fund, pulling in $4.8 billion—a 35% jump over its predecessor.
Behind the Legal Curtains
The Debevoise team for Coller was led by M&A partner Kevin Schmidt and finance partner Ramya Tiller, with support from investment management partners Gavin Anderson and Jane Engelhardt and tax partner Michael Bolotin.
The Ropes & Gray team advising TPG Twin Brook featured asset management partners Laura Hirst, Laurel FitzPatrick, and Katie Waite, plus tax partner Adam Greenwood.
For TPG’s growth fund, Cleary Gottlieb’s lineup included investment funds partners Maurice Gindi and Jamal Fulton; tax partner Meyer Fedida; ERISA partner Elizabeth Dyer; finance partners Amy Shapiro and Anna Kogan; and CFIUS partners Chase Kaniecki and Samuel Chang.
