TPG plans to go public and submitted its initial S-1 filing. The private equity underwriter (PEU) has been interested in a public listing and considered doing so by IPO or SPAC.
The S-1 filing stated under Legal Matters (where it identified three law firms):
Some of the Weil, Gotshal & Manges LLP’s attorneys own interests in certain TPG funds. An investment vehicle comprised of attorneys of Davis Polk & Wardwell LLP owns interest in certain TPG funds. Ropes & Gray LLP and some of its attorneys are limited partners of RGIP, LP, which is an investor in certain TPG funds and sometimes a co-investor with such funds. RGIP, LP owns, directly or indirectly, less than 1% of any TPG fund or portfolio company through which it is directly or indirectly invested in such capacity.
It's no surprise the legal profession would align with the greed and leverage boys. PEUbiquitious.
