v3.25.4
Subsequent Events
12 Months Ended
Dec. 31, 2025
Subsequent Events [Abstract]  
Subsequent Events 20. Subsequent Events
On February 11, 2026, the Company closed the previously announced transaction to establish a long-term, strategic investment management partnership (the “Transaction”) with Jackson Financial Inc. (“Jackson”) whereby TPG will serve as an investment manager for select general account assets of subsidiaries of Jackson. In connection with the Transaction, TPG issued 2,279,109 shares of Class A common stock to a subsidiary of Jackson. In addition, on February 11, 2026, the TPG Operating Group purchased 4,715,554 shares of common stock, par value $0.01 per share, of Jackson. In connection with purchasing shares of common stock of Jackson, the Company borrowed $400.0 million on its Senior Unsecured Revolving Credit Facility.
Other than the events noted in the footnotes to the Consolidated Financial Statements, there have been no additional events since December 31, 2025 that require recognition or disclosure in the Consolidated Financial Statements.