TPG Inc., previously known as Texas Pacific Group and TPG Capital, is an American alternative asset management firm based in Texas. In September, the company announced an agreement to acquire from AT&T the remaining 70% stake in DIRECTV that it does not already own, for $7.6 billion. Also, during the month, it was reported that TPG, alongside Singapore's sovereign wealth fund GIC, were nearing a €7 billion deal to acquire German metering company Techem.
TPG has an extensive portfolio of invested companies from various industries and geographies, primarily in large-scale, control-oriented private equity investments. eToro's Private-Equity Smart Portfolio focuses on Private Equity Managers who acquire privately held companies with the aim of growing the business and selling it at a later date for high profits.
