(WSJ) Private-equity giant TPG is evaluating an IPO or SPAC listing that could value the company as much as $10 billion.
The process of TPG listing is still in early stages and the deal could still fail to go through.
TPG has flirted with the idea of an IPO several times even as it lags peers in asset growth and the listing could allow it to benefit from public financing.
The private equity firm has focused its efforts on buyout deals in healthcare and technology sectors, where it sees most growth potential and incurs less debt.
TPG has almost $100 billion AUM, with its lines of business spread in private equity, public equity, real estate, investment in fast growing companies, and socially responsible investing.