TPG execs to pocket potential $1.4b tax windfall after IPO

TPG execs to pocket potential $1.4b tax windfall after IPO

Photo by Josh Appel on Unsplash

TPG‘s top dealmakers will force the buyout firm to pay them the cash value of tax savings it expects to receive, currently estimated to be worth $1.44 billion, in the years following its initial public offering, a regulatory filing shows.