TPG reports Q1 after-tax distributable EPS 48c, consensus 45c

Reports Q1 fee-related revenue $476.3M, consensus $453.7M. “TPG‘s (TPG) investment performance and financial results for the first quarter continued to demonstrate the strength and durability of our business. As we look ahead, our experience has been that periods of dislocation often create some of the most interesting investment opportunities, and with $57 billion of dry powder across the firm, we are in a strong position to take advantage of this environment,” said Jon Winkelried, CEO.