TPG Direct Lending Unit Amasses $3.9 Billion for Its Fifth Fund
- Over 40% of commitments came in offering period’s final days
- Limited partners include Allianz, GIC and the World Bank
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TPG Inc.’s Twin Brook Capital Partners closed its fifth direct lending fund with $3.9 billion of aggregate capital commitments, surpassing a $3 billion target, according to a person familiar with the matter.
TPG AG Direct Lending Fund V received some $1.7 billion of commitments in the 10 days before the offering period ended, said the person, who asked not to be identified as the matter is private.