On April 11, 2017, Dyal Capital Partners announced a minority investment in TSSP.
Dyal Capital Partners (“Dyal”) announced it has signed a definitive agreement with TSSP, a global alternative asset firm affiliated with TPG Holdings (“TPG”). As per terms of the deal, Dyal will acquire a non-voting, passive minority interest in TSSP. TSSP will retain all proceeds from the transaction.
Founded in 2009, TSSP is a global credit investment platform partnered with TPG. TPG is a global alternative asset firm. TPG was founded in 1992 and has approximately $72 billion in assets under management as of December 31, 2016.
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