TPG Inc., a leading global alternative asset management firm, has announced the pricing of a secondary public offering of 21 million shares of its Class A common stock at $47.25 per share. These shares are being sold by DB Holdings I, L.P., a vehicle controlled by the estate of David Bonderman. The offering is expected to close on May 22, 2025, subject to customary conditions. J.P. Morgan is serving as the underwriter for the offering. The proceeds from this sale will go to the Bonderman Estate to fulfill certain estate obligations, with TPG not selling any shares or receiving any proceeds from this transaction. Additionally, the Bonderman Estate and related entities have agreed to a nine-month lock-up period, during which they will not sell any further shares.