TPG Looks To Raise Distressed Fund

08 Oct 2007

Private equity and investment giant TPG is looking to capitalize on the subprime meltdown by raising a distressed credit fund to scoop up distressed debt and bank loans.

--Anastasia Donde

Private equity and investment giant TPG is looking to capitalize on the subprime meltdown by raising a distressed credit fund to scoop up distressed debt and bank loans. The vehicle will be called TAC 2007 Fund, a consultant said. The firm is reportedly considering partnering with other ...

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