TPG stands for Texas Pacific Group.
|Full Form||Texas Pacific Group|
|Category||Business » Business Operations|
What is TPG?
Texas Pacific Group (TPG) is an American multinational conglomerate with investments in telecom, media, technology, and energy. The company has operations in more than 40 countries and employs over 49,000 people.
TPG was founded in 1995 by Texas investor Ron Burkle and financier Bill Ackman. TPG is one of the largest venture capital firms in the world and has invested in some of the most successful companies in the world, including Airbnb, Dropbox, Pinterest, and Uber.
The company’s investment portfolio includes sectors such as technology, media, telecommunications, energy, healthcare, and consumer products. TPG also invests in new businesses through its TPG Ventures arm.
TPG has a strong focus on sustainable investing practices and is a member of the Carbon Disclosure Project (CDP). The CDP is a global initiative that helps to promote responsible investment in climate change.