TPG Real Estate Partners’ $3.7 Billion Fund

Kirkland & Ellis represented TPG Real Estate Partners on the transaction

TPG Real Estate Partners (TREP), the dedicated real estate equity investment platform of global alternative asset firm TPG, closed its latest opportunity fund, TPG Real Estate Partners III. The fund secured over $3.7 billion of capital commitments and was oversubscribed.

TREP invests in commercial and residential properties across the United States and Europe through a strategy primarily focused on acquiring and building property-rich platforms and companies. Leveraging a thematic approach and operating capabilities, TREP partners with best-in-class management teams to create institutional portfolios of owned real estate across a wide range of property types.

The team was led by investment funds partners Kelly Ryan (Picture) and Brett Saltzman and associates Nick Carreri and Julia Trotta. The global team also included tax partners Donald Rocap, Jonathan Kandel, Michael Beinus, Meredith Levy, Ian Ferreira and Frazer Money and associates Eli Shalam, Michael Graham, Daniel Hiemer and Sam Trowbridge; regulatory partners Scott Moehrke, Norm Champ, Lisa Cawley, Matthew Cohen, Nicholas Hemmingsen and Phil McEachen and associates Zach Milloy, Callum Wright and Reed Schuster; employee benefits partner Liz Dyer and associate Erica Rozow; and investment funds partners Andrew Wright, Sarah Kirson and David Lenzi.

Involved fees earner: Michael Beinus – Kirkland & Ellis; Nick Carreri – Kirkland & Ellis; Lisa Cawley – Kirkland & Ellis; Norm Champ – Kirkland & Ellis; Matthew Cohen – Kirkland & Ellis; Elizabeth Dyer – Kirkland & Ellis; Ian Ferreira – Kirkland & Ellis; Michael Graham – Kirkland & Ellis; Nicholas Hemmingsen – Kirkland & Ellis; Daniel Hiemer – Kirkland & Ellis; Jonathan Kandel – Kirkland & Ellis; Sarah Kirson – Kirkland & Ellis; David Lenzi – Kirkland & Ellis; Meredith Levy – Kirkland & Ellis; Philip McEachen – Kirkland & Ellis; Zach Milloy – Kirkland & Ellis; Scott Moehrke – Kirkland & Ellis; Frazer Money – Kirkland & Ellis; Donald Rocap – Kirkland & Ellis; Erica Rozow – Kirkland & Ellis; Kelly Ryan – Kirkland & Ellis; Brett Saltzman – Kirkland & Ellis; Reed Schuster – Kirkland & Ellis; Eli Shalam – Kirkland & Ellis; Julia Trotta – Kirkland & Ellis; Sam Trowbridge – Kirkland & Ellis; Callum Wright – Kirkland & Ellis; Andrew Wright – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: TPG Real Estate;

  Share:

Author: Ambrogio Visconti