1 minute ago by Reuters1 minute ago by Reuters1 minute ago by Reuters1 Reuters (Reuters) – The Wall Street Journal reported on Wednesday that private equity company TPG is considering going public through an initial public offering or a blank-check merger, citing people familiar with the situation. According to the story, some insiders estimate the buyout firm’s valuation to be about $10 billion. In recent months, TPG has raised hundreds of millions of dollars through a number of special purpose acquisition companies (SPACs), one of which committed to take online learning platform Nerdy Inc public in January. A therapy provider sponsored by TPG’s affiliate, LifeStance Health Group Inc, went public earlier this month as well. TPG named Jon Winkelried as its only CEO and co-founder Jim Coulter as executive chairman less than a month ago, according to the Journal report. TPG did not respond to a request for comment from Reuters right away. Niket Nishant contributed reporting from Bengaluru, and Ramakrishnan M. edited the piece./n
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