TPG Forms $12 Billion Investment Partnership With Jackson Financial

Reuters
2026.01.06 11:00
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TPG Inc. and Jackson Financial Inc. have formed a $12 billion investment partnership, with TPG managing assets for Jackson and aiming for a $20 billion target. TPG will invest $500 million for a 6.5% stake in Jackson. The partnership will focus on Investment Grade Asset Based Finance and Direct Lending, and is expected to close in Q1 2026, pending customary conditions.