TPG Pays $12.8 Million to Settle Allegations that it Misled Investors

TPG Capital Advisors, LLC (“TPG”) will pay $12.8 million to settle allegations that it misled prospective private equity fund investors, according to a settlement with the Securities and Exchange Commission dated December 21, 2017.1 According to the SEC, TPG misled prospective investors by failing to adequately inform them of TPG’s practice of accelerating monitoring fees payable by portfolio companies. TPG neither admitted to nor denied the SEC’s findings.

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