S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Shares of Walmart-backed Ibotta soar on public debut
Can Netflix Stock Continue Into All-Time Highs After Earnings?
Bear Market Funds to Watch This Year
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Shares of Walmart-backed Ibotta soar on public debut
Can Netflix Stock Continue Into All-Time Highs After Earnings?
Bear Market Funds to Watch This Year
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Shares of Walmart-backed Ibotta soar on public debut
Can Netflix Stock Continue Into All-Time Highs After Earnings?
Bear Market Funds to Watch This Year
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Shares of Walmart-backed Ibotta soar on public debut
Can Netflix Stock Continue Into All-Time Highs After Earnings?
Bear Market Funds to Watch This Year

Compare Stocks

Comparative Price Performance Over Time

Compare Stocks - Price & Volume

CompanyCurrent Price50-Day Moving Average52-Week RangeMarket CapBetaAvg. VolumeToday's Volume
Franklin Resources, Inc. stock logo
BEN
Franklin Resources
$25.02
+0.8%
$27.10
$21.88
$30.32
$13.06B1.43.02 million shs4.02 million shs
The Carlyle Group Inc. stock logo
CG
The Carlyle Group
$43.68
-2.1%
$45.81
$25.20
$48.52
$16.16B1.791.83 million shs2.78 million shs
Invesco Ltd. stock logo
IVZ
Invesco
$15.27
+0.2%
$15.78
$12.48
$18.71
$6.85B1.443.84 million shs2.89 million shs
TPG Inc. stock logo
TPG
TPG
$42.82
-0.1%
$44.33
$24.74
$47.20
$15.63B1.62545,942 shs614,175 shs
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Price Performance

Company1-Day Performance7-Day Performance30-Day Performance90-Day Performance1-Year Performance
Franklin Resources, Inc. stock logo
BEN
Franklin Resources
+0.87%-4.79%-7.54%-10.42%-7.78%
The Carlyle Group Inc. stock logo
CG
The Carlyle Group
-2.13%-7.52%-3.36%+9.94%+38.71%
Invesco Ltd. stock logo
IVZ
Invesco
+0.20%-2.74%-0.91%-10.65%-12.59%
TPG Inc. stock logo
TPG
TPG
-0.07%-4.33%-4.67%+6.52%+37.91%

MarketRank™

CompanyOverall ScoreAnalyst's OpinionShort Interest ScoreDividend StrengthESG ScoreNews and Social Media SentimentCompany OwnershipEarnings & Valuation
Franklin Resources, Inc. stock logo
BEN
Franklin Resources
3.4881 of 5 stars
0.91.03.32.92.02.53.1
The Carlyle Group Inc. stock logo
CG
The Carlyle Group
4.5578 of 5 stars
2.33.01.72.63.34.22.5
Invesco Ltd. stock logo
IVZ
Invesco
4.635 of 5 stars
3.13.02.53.12.51.72.5
TPG Inc. stock logo
TPG
TPG
3.7463 of 5 stars
2.23.02.50.01.84.23.1

Analyst Ratings

CompanyConsensus Rating ScoreConsensus RatingConsensus Price Target% Upside from Current Price
Franklin Resources, Inc. stock logo
BEN
Franklin Resources
1.71
Reduce$27.509.91% Upside
The Carlyle Group Inc. stock logo
CG
The Carlyle Group
2.50
Moderate Buy$43.07-1.39% Downside
Invesco Ltd. stock logo
IVZ
Invesco
2.27
Hold$17.4614.33% Upside
TPG Inc. stock logo
TPG
TPG
2.36
Hold$39.96-6.68% Downside

Current Analyst Ratings

Latest TPG, IVZ, CG, and BEN Analyst Ratings

DateCompanyBrokerageActionRatingPrice TargetDetails
4/17/2024
Franklin Resources, Inc. stock logo
BEN
Franklin Resources
Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetUnderweight ➝ Underweight$24.00 ➝ $25.00
4/17/2024
Invesco Ltd. stock logo
IVZ
Invesco
Morgan Stanley
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetEqual Weight ➝ Equal Weight$16.00 ➝ $17.00
4/12/2024
The Carlyle Group Inc. stock logo
CG
The Carlyle Group
UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetNeutral ➝ Neutral$46.00 ➝ $50.00
4/12/2024
TPG Inc. stock logo
TPG
TPG
UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetBuy ➝ Buy$45.00 ➝ $50.00
4/11/2024
Invesco Ltd. stock logo
IVZ
Invesco
The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Lower Price TargetNeutral ➝ Neutral$18.00 ➝ $17.75
4/9/2024
TPG Inc. stock logo
TPG
TPG
JMP Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingMarket Perform
4/8/2024
The Carlyle Group Inc. stock logo
CG
The Carlyle Group
Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetOverweight ➝ Overweight$55.00 ➝ $56.00
4/2/2024
Invesco Ltd. stock logo
IVZ
Invesco
The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetNeutral ➝ Neutral$17.75 ➝ $18.00
4/1/2024
TPG Inc. stock logo
TPG
TPG
The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Reiterated RatingBuy ➝ Buy
2/23/2024
The Carlyle Group Inc. stock logo
CG
The Carlyle Group
Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetOverweight ➝ Overweight$53.00 ➝ $55.00
2/15/2024
TPG Inc. stock logo
TPG
TPG
Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost Price TargetBuy ➝ Buy$46.00 ➝ $50.00
(Data available from 4/19/2021 forward. View 10+ years of historical ratings with our analyst ratings screener.)

Sales & Book Value

CompanyAnnual RevenuePrice/SalesCashflowPrice/CashBook ValuePrice/Book
Franklin Resources, Inc. stock logo
BEN
Franklin Resources
$7.85B1.68$3.70 per share6.77$25.15 per share0.99
The Carlyle Group Inc. stock logo
CG
The Carlyle Group
$2.96B5.34$4.38 per share9.97$16.07 per share2.72
Invesco Ltd. stock logo
IVZ
Invesco
$5.72B1.20$5.36 per share2.85$25.28 per share0.60
TPG Inc. stock logo
TPG
TPG
$2.39B6.53$1.61 per share26.52$9.28 per share4.61

Profitability & Earnings

CompanyNet IncomeEPSTrailing P/E RatioForward P/E RatioP/E GrowthNet MarginsReturn on Equity (ROE)Return on Assets (ROA)Next Earnings Date
Franklin Resources, Inc. stock logo
BEN
Franklin Resources
$882.80M$1.9013.178.751.3012.30%11.15%4.69%4/29/2024 (Confirmed)
The Carlyle Group Inc. stock logo
CG
The Carlyle Group
-$608.40M-$1.69N/A9.660.96-20.53%19.74%5.99%5/2/2024 (Estimated)
Invesco Ltd. stock logo
IVZ
Invesco
-$96.90M-$0.74N/A7.951.02-1.70%7.93%3.15%4/23/2024 (Confirmed)
TPG Inc. stock logo
TPG
TPG
$80.09M-$0.04N/A15.510.733.35%18.69%7.21%5/8/2024 (Confirmed)

Latest TPG, IVZ, CG, and BEN Earnings

DateQuarterCompanyConsensus EstimateReported EPSBeat/MissGap EPSRevenue EstimateActual RevenueDetails
5/8/2024N/A
TPG Inc. stock logo
TPG
TPG
$0.43N/A-$0.43N/AN/AN/A  
4/29/2024N/A
Franklin Resources, Inc. stock logo
BEN
Franklin Resources
$0.58N/A-$0.58N/AN/AN/A  
4/23/2024N/A
Invesco Ltd. stock logo
IVZ
Invesco
$0.40N/A-$0.40N/AN/AN/A  
2/13/2024Q4 2023
TPG Inc. stock logo
TPG
TPG
$0.41$0.51+$0.10$0.98$395.30 million$529.90 million    
2/7/202412/31/2023
The Carlyle Group Inc. stock logo
CG
The Carlyle Group
$0.78$0.86+$0.08$3.64$860.68 million$896.40 million    
1/29/202412/31/2023
Franklin Resources, Inc. stock logo
BEN
Franklin Resources
$0.58$0.65+$0.07$0.80$1.51 billion$1.99 billion      
1/23/202412/31/2023
Invesco Ltd. stock logo
IVZ
Invesco
$0.40$0.47+$0.07$2.58$1.11 billion$1.05 billion    

Dividends

CompanyAnnual PayoutDividend Yield3-Year Dividend GrowthPayout RatioYears of Consecutive Growth
Franklin Resources, Inc. stock logo
BEN
Franklin Resources
$1.244.96%-6.19%65.26%1 Years
The Carlyle Group Inc. stock logo
CG
The Carlyle Group
$1.403.21%+11.20%N/A 2 Years
Invesco Ltd. stock logo
IVZ
Invesco
$0.805.24%+0.53%N/A 3 Years
TPG Inc. stock logo
TPG
TPG
$1.764.11%N/AN/A N/A

Latest TPG, IVZ, CG, and BEN Dividends

AnnouncementCompanyPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/6/2024
Franklin Resources, Inc. stock logo
BEN
Franklin Resources
quarterly$0.314.66%3/27/20243/28/20244/12/2024
2/13/2024
TPG Inc. stock logo
TPG
TPG
Quarterly$0.444.08%2/22/20242/23/20243/8/2024
1/23/2024
Invesco Ltd. stock logo
IVZ
Invesco
Quarterly$0.205.02%2/15/20242/16/20243/4/2024
2/6/2024
The Carlyle Group Inc. stock logo
CG
The Carlyle Group
quarterly$0.353.1%2/22/20242/23/20243/1/2024
(Data available from 1/1/2013 forward)

Debt

CompanyDebt-to-Equity RatioCurrent RatioQuick Ratio
Franklin Resources, Inc. stock logo
BEN
Franklin Resources
0.86
1.92
1.92
The Carlyle Group Inc. stock logo
CG
The Carlyle Group
1.52
2.27
2.27
Invesco Ltd. stock logo
IVZ
Invesco
0.77
5.01
5.01
TPG Inc. stock logo
TPG
TPG
0.28
0.16
0.16

Ownership

Institutional Ownership

CompanyInstitutional Ownership
Franklin Resources, Inc. stock logo
BEN
Franklin Resources
47.56%
The Carlyle Group Inc. stock logo
CG
The Carlyle Group
55.88%
Invesco Ltd. stock logo
IVZ
Invesco
66.09%
TPG Inc. stock logo
TPG
TPG
86.79%

Insider Ownership

CompanyInsider Ownership
Franklin Resources, Inc. stock logo
BEN
Franklin Resources
24.13%
The Carlyle Group Inc. stock logo
CG
The Carlyle Group
27.00%
Invesco Ltd. stock logo
IVZ
Invesco
2.00%
TPG Inc. stock logo
TPG
TPG
78.72%

Miscellaneous

CompanyEmployeesShares OutstandingFree FloatOptionable
Franklin Resources, Inc. stock logo
BEN
Franklin Resources
9,200526.56 million399.50 millionOptionable
The Carlyle Group Inc. stock logo
CG
The Carlyle Group
2,200362.11 million264.34 millionOptionable
Invesco Ltd. stock logo
IVZ
Invesco
8,500449.20 million440.22 millionOptionable
TPG Inc. stock logo
TPG
TPG
1,850364.68 million77.60 millionOptionable

TPG, IVZ, CG, and BEN Headlines

SourceHeadline
United eyes another blockbuster summer, but warns of headwinds to growth plansUnited eyes another blockbuster summer, but warns of headwinds to growth plans
msn.com - April 18 at 6:47 PM
Fast-growing D.C. tech startup eyes more M&A after PE firm increases investmentFast-growing D.C. tech startup eyes more M&A after PE firm increases investment
bizjournals.com - April 18 at 6:47 PM
3 of the worlds biggest cruise ships soon will battle for supremacy out of Miami3 of the world's biggest cruise ships soon will battle for supremacy out of Miami
thepointsguy.com - April 18 at 1:46 PM
Boeing safety culture in the spotlight at dual Senate hearings amid whistleblower reportBoeing safety culture in the spotlight at dual Senate hearings amid whistleblower report
thepointsguy.com - April 18 at 8:46 AM
Earn up to 10,000 extra Avios by joining the waitlist for Qatar credit cardsEarn up to 10,000 extra Avios by joining the waitlist for Qatar credit cards
thepointsguy.com - April 17 at 5:14 PM
Disneylands $1.9 billion plan for new lands and attractions approved by city councilDisneyland's $1.9 billion plan for new lands and attractions approved by city council
thepointsguy.com - April 17 at 5:14 PM
American unveils revamped onboard experience with new amenity kits, bedding and moreAmerican unveils revamped onboard experience with new amenity kits, bedding and more
thepointsguy.com - April 17 at 12:14 PM
American introduces new Flagship Suite Preferred seats as it scraps first classAmerican introduces new Flagship Suite Preferred seats as it scraps first class
thepointsguy.com - April 17 at 12:14 PM
Sayari Closes $235 Million Strategic Investment from TPG, Inclusive of Additional Capital for Organic Growth and M&ASayari Closes $235 Million Strategic Investment from TPG, Inclusive of Additional Capital for Organic Growth and M&A
businesswire.com - April 17 at 9:00 AM
Fractal Analytics turns public limited company ahead of IPOFractal Analytics turns public limited company ahead of IPO
yourstory.com - April 17 at 7:13 AM
Southwest adds 4 new routes, cuts 2 others in latest network adjustmentSouthwest adds 4 new routes, cuts 2 others in latest network adjustment
msn.com - April 17 at 2:13 AM
British Airways loyalty members can now book all flights for less than $2 plus AviosBritish Airways loyalty members can now book all flights for less than $2 plus Avios
thepointsguy.com - April 16 at 4:12 PM
ACCC Ignores Telco Pleas To Warn Of 000 Calls Not WorkingACCC Ignores Telco Pleas To Warn Of 000 Calls Not Working
channelnews.com.au - April 15 at 11:33 PM
Boeing defends wide-body manufacturing following whistleblower reportBoeing defends wide-body manufacturing following whistleblower report
thepointsguy.com - April 15 at 11:33 PM
Wild & Scenic Film Festival returns to support watershed education on April 18Wild & Scenic Film Festival returns to support watershed education on April 18
vaildaily.com - April 15 at 6:30 PM
What air travelers need to know before booking summer vacations this year: expertsWhat air travelers need to know before booking summer vacations this year: experts
msn.com - April 15 at 6:30 PM
The first Six Senses in the Caribbean is now openThe first Six Senses in the Caribbean is now open
thepointsguy.com - April 15 at 1:22 PM
What air travelers need to know before booking summer vacations, according to expertsWhat air travelers need to know before booking summer vacations, according to experts
msn.com - April 15 at 1:22 PM
Airline frequent flyer programs subject of federal hearing on unfair or deceptive practicesAirline frequent flyer programs subject of federal hearing on 'unfair or deceptive practices'
thepointsguy.com - April 15 at 1:22 PM
‘Triple-0 fears’: ACCC snubs telcos’ call for help on 3G shutdown‘Triple-0 fears’: ACCC snubs telcos’ call for help on 3G shutdown
theaustralian.com.au - April 15 at 1:44 AM
Chandrasekhar woes increaseChandrasekhar woes increase
dailypioneer.com - April 14 at 3:43 PM
TPG NBN cables cut in suspected vandal attackTPG NBN cables cut in suspected vandal attack
couriermail.com.au - April 14 at 9:36 AM
UBS Group Increases TPG (NASDAQ:TPG) Price Target to $50.00UBS Group Increases TPG (NASDAQ:TPG) Price Target to $50.00
americanbankingnews.com - April 14 at 1:58 AM
Accor and Ennismore have new perks for those going free agent on travel loyaltyAccor and Ennismore have new perks for those going free agent on travel loyalty
thepointsguy.com - April 12 at 2:29 PM

New MarketBeat Followers Over Time

Media Sentiment Over Time

Top Headlines

All Headlines

Company Descriptions

Franklin Resources logo

Franklin Resources

NYSE:BEN
Franklin Resources, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Calgary, Canada; Dubai, United Arab Emirates; Edinburgh, United Kingdom; Fort Lauderdale, United States; Hyderabad, India; London, United Kingdom; Rancho Cordova, United states; Shanghai, China; Singapore; Stamford, United States; and Vienna, Austria.
The Carlyle Group logo

The Carlyle Group

NASDAQ:CG
The Carlyle Group Inc. is an investment firm specializing in direct and fund of fund investments. Within direct investments, it specializes in management-led/ Leveraged buyouts, privatizations, divestitures, strategic minority equity investments, structured credit, global distressed and corporate opportunities, small and middle market, equity private placements, consolidations and buildups, senior debt, mezzanine and leveraged finance, and venture and growth capital financings, seed/startup, early venture, emerging growth, turnaround, mid venture, late venture, PIPES. The firm invests across four segments which include Corporate Private Equity, Real Assets, Global Market Strategies, and Solutions. The firm typically invests in industrial, agribusiness, ecological sector, fintech, airports, parking, Plastics, Rubber, diversified natural resources, minerals, farming, aerospace, defense, automotive, consumer, retail, industrial, infrastructure, energy, power, healthcare, software, software enabled services, semiconductors, communications infrastructure, financial technology, utilities, gaming, systems and related supply chain, electronic systems, systems, oil and gas, processing facilities, power generation assets, technology, systems, real estate, financial services, transportation, business services, telecommunications, media, and logistics sectors. Within the industrial sector, the firm invests in manufacturing, building products, packaging, chemicals, metals and mining, forestry and paper products, and industrial consumables and services. In consumer and retail sectors, it invests in food and beverage, retail, restaurants, consumer products, domestic consumption, consumer services, personal care products, direct marketing, and education. Within aerospace, defense, business services, and government services sectors, it seeks to invest in defense electronics, manufacturing and services, government contracting and services, information technology, distribution companies. In telecommunication and media sectors, it invests in cable TV, directories, publishing, entertainment and content delivery services, wireless infrastructure/services, fixed line networks, satellite services, broadband and Internet, and infrastructure. Within real estate, the firm invests in office, hotel, industrial, retail, for sale residential, student housing, hospitality, multifamily residential, homebuilding and building products, and senior living sectors. The firm seeks to make investments in growing business including those with overleveraged balance sheets. The firm seeks to hold its investments for four to six years. In the healthcare sector, it invests in healthcare services, outsourcing services, companies running clinical trials for pharmaceutical companies, managed care, pharmaceuticals, pharmaceutical related services, healthcare IT, medical, products, and devices. It seeks to invest in companies based in Sub-Saharan focusing on Ghana, Kenya, Mozambique, Botswana, Nigeria, Uganda, West Africa, North Africa and South Africa focusing on Tanzania and Zambia; Asia focusing on Pakistan, India, South East Asia, Indonesia, Philippines, Vietnam, Korea, and Japan; Australia; New Zealand; Europe focusing on France, Italy, Denmark, United Kingdom, Germany, Austria, Belgium, Finland, Iceland, Ireland, Netherlands, Norway, Portugal, Spain, Benelux , Sweden, Switzerland, Hungary, Poland, and Russia; Middle East focusing on Bahrain, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, Turkey, and UAE; North America focusing on United States which further invest in Southeastern United States, Texas, Boston, San Francisco Bay Area and Pacific Northwest; Asia Pacific; Soviet Union, Central-Eastern Europe, and Israel; Nordic region; and South America focusing on Mexico, Argentina, Brazil, Chile, and Peru. The firm seeks to invest in food, financial, and healthcare industries in Western China. In the real estate sector, the firm seeks to invest in various locations across Europe focusing on France and Central Europe, United States, Asia focusing on China, and Latin America. It typically invests between $1 million and $50 million for venture investments and between $50 million and $2 billion for buyouts in companies with enterprise value of between $31.57 million and $1000 million and sales value of $10 million and $500 million. It seeks to invest in companies with market capitalization greater than $50 million and EBITDA between $5 million to $25 million. It prefers to take a majority or a minority stake. While investing in Japan, it does not invest in companies with more than 1,000 employees and prefers companies' worth between $100 million and $150 million. The firm originates, structures, and acts as lead equity investor in the transactions. The Carlyle Group Inc. was founded in 1987 and is based in Washington, District of Columbia with additional offices in 21 countries across 5 continents (North America, South America, Asia, Australia and Europe).
Invesco logo

Invesco

NYSE:IVZ
Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds. It manages separate client-focused equity and fixed income portfolios. The firm also launches equity, fixed income, commodity, multi-asset, and balanced mutual funds for its clients. It launches equity, fixed income, multi-asset, and balanced exchange-traded funds. The firm also launches and manages private funds. It invests in the public equity and fixed income markets across the globe. The firm also invests in alternative markets, such as commodities and currencies. For the equity portion of its portfolio, it invests in growth and value stocks of large-cap, mid-cap, and small-cap companies. For the fixed income portion of its portfolio, the firm invests in convertibles, government bonds, municipal bonds, treasury securities, and cash. It also invests in short term and intermediate term bonds, investment grade and high yield bonds, taxable and tax-free bonds, senior secured loans, and structured securities such as asset-backed securities, mortgage-backed securities, and commercial mortgage-backed securities. The firm employs absolute return, global macro, and long/short strategies. It employs quantitative analysis to make its investments. The firm was formerly known as Invesco Plc, AMVESCAP plc, Amvesco plc, Invesco PLC, Invesco MIM, and H. Lotery & Co. Ltd. Invesco Ltd. was founded in 1935 and is based in Atlanta, Georgia with an additional office in Hamilton, Bermuda.
TPG logo

TPG

NASDAQ:TPG
TPG Inc. operates as an alternative asset manager in the United States and internationally. The company offers investment management services to TPG Funds, limited partners, and other vehicles. It also offers monitoring services to portfolio companies; advisory, debt and equity arrangement, and underwriting and placement services; and capital structuring and other advisory services to portfolio companies. In addition, the company invests in private equity funds, real estate funds, hedge funds, and credit funds. TPG Inc. was founded in 1992 and is based in Fort Worth, Texas. The company operates as a subsidiary of TPG GP A, LLC.