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Keeping With What Works, TPG Targeting Operating Companies over Properties in Latest Real Estate Investment Fund

(COSTAR) - 7 months, 2 weeks ago
 TPG Real Estate, an investment platform of San Francisco-based TPG Capital, launched its third real estate fund with an initial closing of $1.6 billion on its way toward a goal of raising $3 billion. As with its previous two real estate funds, TPG Real Estate Fund III will invest in real estate operating platforms, rather than buying properties or debt. TPG officials declined to comment. In recent presentations to potential investors, TPG......
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