TPG Inc. (TPG) Q2 2025 Earnings Call Transcript


TPG Inc. (NASDAQ:TPG) Q2 2025 Earnings Conference Call August 6, 2025 11:00 AM ET

Company Participants

Gary Stein – Head of Investor Relations
Jack Charles Weingart – Chief Financial Officer
James George Coulter – Founder & Executive Chairman
Jon Winkelried – CEO & Director

Conference Call Participants

Alexander Blostein – Goldman Sachs Group, Inc., Research Division
Brian Bertram Bedell – Deutsche Bank AG, Research Division
Daniel Thomas Fannon – Jefferies LLC, Research Division
Glenn Paul Schorr – Evercore ISI Institutional Equities, Research Division
Kenneth Brooks Worthington – JPMorgan Chase & Co, Research Division
Kyle Kenneth Voigt – Keefe, Bruyette, & Woods, Inc., Research Division
Michael J. Cyprys – Morgan Stanley, Research Division
Steven Joseph Chubak – Wolfe Research, LLC
William Raymond Katz – TD Cowen, Research Division

Operator

Good morning, and welcome to the TPG’s Second Quarter 2025 Earnings Conference Call. [Operator Instructions] Please be advised that today’s call is being recorded. Please go to TPG’s IR website to obtain the earnings materials. I will now turn the call over to Gary Stein, Head of Investor Relations at TPG. Thank you. You may begin.

Gary Stein

Great. Thanks, operator, and welcome, everyone. Joining me this morning are Jon Winkelried, Chief Executive Officer; and Jack Weingart, Chief Financial Officer. In addition, our Executive Chairman and Co-Founder, Jim Coulter; and our President, Todd Sisitsky, are also here and will be available for the Q&A portion of this morning’s call.

I’d like to remind you this call may include forward-looking statements that do not guarantee future events or performance. Please refer to TPG’s earnings release and SEC filings for factors that could cause actual results to differ materially from these statements. TPG undertakes no obligation to revise or update any forward-looking statements, except as required by law.

Within our discussion and earnings release, we’re



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