TPG Pays $12.8 Million to Settle Allegations that it Misled Investors

JHW Headshot Photo 2016 (M0990045xB1386)TPG Capital Advisors, LLC will pay $12.8 million to settle allegations that it misled prospective investors in three of its private equity funds. According to a settlement with the Securities and Exchange Commission, TPG misled prospective investors by failing to disclose its practice of requiring some portfolio companies to pay accelerated monitoring fees when certain events occurred, such as a portfolio company’s private sale or initial public offering. Private funds attorney Josh Watson discusses the settlement in his article TPG Pays $12.8 Million to Settle Allegations that it Misled Investors.

Read the full article on our website. For more information, please contact Josh Watson.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s