On the Record · TPG
TPG subsidiaries, as it lists them
The subsidiaries TPG lists in its latest annual report, with the jurisdiction of each, linked to the filing.
Subsidiaries it lists
| Subsidiary | Jurisdiction |
|---|---|
| 2006 Biotech VSP, L.P. | Delaware |
| 2007 Biotech VSP, L.P. | Delaware |
| 2008 Biotech VSP, L.P. | Delaware |
| 2009 Biotech VSP, L.P. | Delaware |
| 2010 Biotech VSP, L.P. | Delaware |
| 2011 Biotech VSP, L.P. | Delaware |
| 2011 Growth VSP, L.P. | Delaware |
| 2012 Growth VSP, L.P. | Delaware |
| AfterNext HealthTech Sponsor, Series LLC | Delaware |
| AG 575 Manager, Inc. | Delaware |
| AG ACOFA GP LLC | Delaware |
| AG Acquisition KK (BVI) Limited | British Virgin Islands |
| AG ADP LLC | Delaware |
| AG Advisors AGCR VIII UK Participation Partners, L.P. | Delaware |
| AG Advisors Europe Realty UK Participation Partners, L.P. | Delaware |
| AG Advisors Long-Term Distressed Participation Partners, L.P. | Delaware |
| AG Advisors Participation Partners, L.P. | Delaware |
| AG Advisors Private Equity Participation Partners, L.P. | Delaware |
| AG Advisors Real Estate Participation Partners, L. P. | Delaware |
| AG AH Manager, Inc. | Delaware |
| AG Arts Credit GP, LLC | Delaware |
| AG Asia II LLC | Delaware |
| AG Asia III LLC | Delaware |
| AG Asia IV LLC | Delaware |
| AG Asia LLC | Delaware |
| AG Asia Realty Fund III HedgeCo, L.L.C. | Cayman Islands |
| AG Asia Realty Fund III Member, L.L.C. | Delaware |
| AG Asia Realty Fund IV HedgeCo, L.L.C. | Cayman Islands |
| AG Asia Realty Fund IV Member, L.L.C. | Delaware |
| AG Asia Realty Fund V Member, L.L.C. | Delaware |
| AG Asia Realty V Pte. Ltd. | Singapore |
| AG Asia V AUS AIV GP LLC | Cayman Islands |
| AG Asia V LLC | Delaware |
| AG Asset Based Credit GP, LLC | Delaware |
| AG Asset Manager, Inc. | Delaware |
| AG Capital Funding, LLC | Delaware |
| AG Capital Recovery VIII LLC | Delaware |
| AG Capital Solutions GP, LLC | Delaware |
| AG Centre Street GP LLC | Delaware |
| AG Claims LLC | Delaware |
| AG CLO Equity Fund GP, LLC | Delaware |
| AG Corporate Credit Opportunities GP LLC | Delaware |
| AG Credit Solutions Fund GP, LLC | Delaware |
| AG Credit Solutions Fund II GP, LLC | Delaware |
| AG CREDO GP LLC | Delaware |
| AG CREDO II GP LLC | Delaware |
| AG CREDO III GP LLC | Delaware |
| AG CSF 2023 Fund (G) GP, LLC | Delaware |
| AG CSF2A (Annex) Dislocation Fund GP, LLC | Delaware |
| AG Direct Lending Evergreen Fund GP, LLC | Delaware |
| AG Direct Lending Fund (MM) GP, LLC | Delaware |
| AG Direct Lending Fund (TX) GP, LLC | Delaware |
| AG Direct Lending Fund GP, LLC | Delaware |
| AG Direct Lending Fund II GP, LLC | Delaware |
| AG Direct Lending Fund III GP, LLC | Delaware |
| AG Direct Lending Fund IV Annex GP, LLC | Delaware |
| AG Direct Lending Fund IV GP, LLC | Delaware |
| AG Direct Lending Fund V GP, LLC | Delaware |
| AG DLF VI SPV 1, LLC | Delaware |
| AG DLI Lux V GP, S.à r.l. | Luxembourg |
| AG EHF II GP LLC | Delaware |
| AG Energy Funding, LLC | Delaware |
| AG Essential Housing GP, LLC | Delaware |
| AG EU GP, L.L.C. | Delaware |
| AG Europe Member 1 LLC | Delaware |
| AG Europe Member 2 LLC | Delaware |
| AG FH GP Limited | England & Wales |
| AG FM II Manager, Inc. | Delaware |
| AG FM Manager, Inc. | Delaware |
| AG FSI LLC | Delaware |
| AG Funds XI 9ST Portfolio Partner I, L.L.C. | Delaware |
| AG Funds XI HTI Portfolio Member, L.L.C. | Delaware |
| AG Funds XI TC Member, L.L.C. | Delaware |
| AG Funds, L.P. | Delaware |
| AG Gemmy LLC | Delaware |
| AG Global Debt Strategy LLC | Delaware |
| AG Global Strategy GP LLC | Delaware |
| AG GP LLC | Delaware |
| AG Growth Capital I LLC | Delaware |
| AG IIR Realty LLC | Delaware |
| AG Japan Investments 2 (SO), L.P. | Cayman Islands |
| AG Japan Overflow GP LLC | Delaware |
| AG Japan Realty Value I GP GK | Japan |
| AG Japan Realty Value I LLC | Delaware |
| AG Japan Value-Add LLC | Delaware |
| AG Japan Value-Add Overflow GP LLC | Delaware |
| AG Kai Bo LLC | Delaware |
| AG KIC Realty LLC | Delaware |
| AG Korea Value-Add LLC | Delaware |
| AG MD GP, LLC | Delaware |
| AG MM LLC | Delaware |
| AG Mortgage Investment Trust, Inc. | Maryland |
| AG Mountain Laurel GP LLC | Delaware |
| AG Multifamily Manager, LLC | Delaware |
| AG NC GP LLC | Delaware |
| AG Net Lease Acquisition Corp. | Delaware |
| AG Net Lease Asset Management LLC | Delaware |
| AG Net Lease III LLC | Delaware |
| AG Net Lease IV LLC | Delaware |
| AG Net Lease V LLC | Delaware |
| AG NLIG LLC | Delaware |
| AG NRP Manager, Inc. | Delaware |
| AG Pearl Funds Member GP S.à r.l. | Luxembourg |
| AG Printing House Manager, Inc. | Delaware |
| AG Private Equity Acquisition Corp. | Delaware |
| AG Private Equity II LLC | Delaware |
| AG Real Estate Manager, Inc. | Delaware |
| AG Realty Fund VII Member, L.L.C. | Delaware |
| AG Realty Fund VII(AC) Member, L.L.C. | Delaware |
| AG Realty Fund VII(AU) Member, L.L.C. | Delaware |
| AG Realty X Korea Value-Add Real Estate Member, L.L.C. | Delaware |
| AG Realty XI Korea Value-Add Real Estate Member, L.L.C. | Delaware |
| AG REIT Management, LLC | Delaware |
| AG Select Credit Alpha Fund I GP, LLC | Delaware |
| AG Silver Oak Partner, LLC | Delaware |
| AG SQ700 Manager, Inc. | Delaware |
| AG Super LLC | Delaware |
| AG TCDRS LLC | Delaware |
| AG Twin Brook LC Funding, LLC | Delaware |
| AG TwinBrook Origination Fund I GP, LLC | Delaware |
| AG Twinbrook Origination Fund II GP, LLC | Delaware |
| AG UKR Realty LLC | Delaware |
| AG West 15th Manager, Inc. | Delaware |
| AG-AF HTI Portfolio GP, L.L.C. | Delaware |
| AGCP IV LLC | Delaware |
| AGDL BUSL GP, LLC | Delaware |
| AGDL Generali GP, S.à r.l. | Luxembourg |
| AGKM Investments, LLC | Delaware |
| AGM Funds XI Marlow Member, L.L.C. | Delaware |
| AGNL Cleaver Holdings Ltd | England & Wales |
| AGNL Europe Finco, L.P. | Delaware |
| AGNL Europe Holdings GP, L.L.C. | Delaware |
| AGNL Europe Holdings, L.P. | Delaware |
| AGNL Manager III, Inc. | Delaware |
| AGNL Manager IV, Inc. | Delaware |
| AGNL Wheels Mexico Holdco, L.L.C. | Delaware |
| AGNL Wheels Mexico Member, L.L.C. | Delaware |
| AGPB Investments, LLC | Delaware |
| AGR Europe II LLC | Delaware |
| AGR Europe III LLC | Delaware |
| AGR Europe IV (EU), S.à r.l. | Luxembourg |
| AGR Europe IV LLC | Delaware |
| AGR Europe LLC | Delaware |
| AGR IC LLC | Delaware |
| AGR IX Asia Funds GP, L.L.C. | Delaware |
| AGR IX Asia Member HK GP, L.L.C. | Delaware |
| AGR IX LLC | Delaware |
| AGR Japan Investments 2 Funds Member, L.L.C. | Delaware |
| AGR VII LLC | Delaware |
| AGR VIII Fund Member, L.L.C. | Delaware |
The list is long; these are the first 150 as the company lists them. From Exhibit 21 of the 10-K for 2025. Companies must list their significant subsidiaries there and may leave out smaller ones, so this is the company’s own list, not every entity it owns.
Read from TPG’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-17. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.