TPG said on Tuesday its after-tax distributable earnings rose to $199 million in the first quarter, up from $65 million a year earlier, adding that its private equity and impact investing businesses had delivered strong growth in asset sales. TPG’s result exceeded the average analyst estimate of $149 million calculated by financial data provider Refinitiv….
Education Union Press for Gender Affirmation Leave at Tasmanian University
The National Tertiary Education Union (NTEU) and the University of Tasmania (UTAS) are “locked in a battle” after UTAS declined to comply with the union’s request to provide up to 30 days’ leave for transgender staff. The university currently offers 10 days of special leave for their staff irrespective of their gender, however, the NTEU…
Private Equity Behemoth TPG Aims for Over $9 Billion Valuation in US IPO
TPG is aiming for a valuation of as much as $9.3 billion in its U.S. initial public offering, as the private equity powerhouse finally moves closer to a stock market flotation after toying with the idea of going public for several years. The firm, an investor in Airbnb Inc., Uber Technologies Inc., and Spotify Technology…
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