TPG, a global alternative asset management firm known for its diverse investment strategies, received an upgrade from Wolfe Research to "Outperform" on January 7, 2026, with a price target increase from $71 to $80. At the time, TPG's stock was priced at $67.55, reflecting confidence in its strategic initiatives and market position.
TPG's recent strategic partnership with Jackson Financial is a significant move to expand its credit platform and enhance its insurance-focused asset management business. CEO Jon Winkelried emphasized the importance of this partnership in diversifying and scaling TPG's credit platform. This collaboration is expected to extend the duration of TPG's capital sources and build capabilities to serve insurance clients on a larger scale.
In 2025, TPG Credit had a successful year, and the company anticipates reporting approximately $20 billion in credit capital raised for the full year, marking a 60% increase from 2024. The investment management agreement with Jackson Financial targets a minimum of $12 billion in assets under management, with the potential to increase to $20 billion. This partnership combines Jackson's expertise in annuity products with TPG's private credit platform.
Currently, TPG's stock is priced at $67.60, reflecting a decrease of 2.96% or $2.06. The stock has fluctuated between a low of $67.23 and a high of $69.69 today. Over the past year, TPG has reached a high of $70.38 and a low of $37.52. The company's market capitalization is approximately $25.91 billion, with a trading volume of 412,748 shares on the NASDAQ:TPG exchange.