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TPG Partners LLC, which will be converted to TPG Inc., has set terms of its initial public offering, in which the alternative asset manager with $109 billion in assets under management, is looking to raise up to $877.6 million. TPG said it is offering 28.31 million Class A shares and a selling shareholder is offering 5.59 million shares in the IPO, which is expected to price between $28 and $31 a share.
...read full article on Market Watch
