TPG(US:TPG)2025-11-04 16:00Financial Performance - TPG reported a net income of $199 million for Q3 2025, compared to a net loss of $21 million in Q3 2024[16] - Net income attributable to TPG Inc was $67 million for Q3 2025, compared to $9 million in Q3 2024[16] - After-tax Distributable Earnings (DE) increased from $189 million in Q3 2024 to $214 million in Q3 2025, primarily driven by Fee-Related Earnings (FRE)[27] - Fee-Related Earnings (FRE) increased 18% from $191 million in Q3 2024 to $225 million in Q3 2025, with the FRE margin increasing from 41% to 44%[22] - The company declared a dividend of $045 per share of Class A common stock, payable on December 1, 2025[5] Assets Under Management (AUM) - Total Assets Under Management (AUM) reached $2864 billion, up 20% in the last twelve months[17] - Fee-Earning Assets Under Management (FAUM) totaled $1630 billion, up 15% over the same period[17] - Capital raised in Q3 2025 amounted to $181 billion, compared to $104 billion in Q3 2024[17] - Capital invested in Q3 2025 was $149 billion, an increase of over 70% year-over-year[4] Fund Performance - Realized performance allocations, net were $30 million in Q3 2025, primarily driven by Asia VIII and Asia VII in the Capital platform, MMDL V and MMDL II in TPG AG Credit, and TTAD II in the Growth platform[32] - Realized performance allocations, net for Q3 2025 YTD were $157 million, primarily driven by TPG VII, TPG VIII, Asia VIII, and Asia VII in the Capital platform, Growth IV in the Growth platform, and Rise Climate I in the Impact platform[32]