Latest in TPG

TPG, the private-equity firm that had a majority stake in CAA before selling it to Francois-Henri Pinault last year, said Friday that it has formed a new talent management company whose first investment will be in Hollywood management biggie Untitled Entertainment. The new TPG company, which will…

UPDATED with deal closing: CAA and Artémis on Monday said that its deal for Artemis to acquire a majority stake in CAA has officially closed. Artemis, run by French billionaire Francois-Henri Pinault, agreed to acquire the stake (thought to be in the 50%-60% range) from investment firm TPG on…

TPG, owner of CAA and 30% stakeholder in DirecTV, is on course to raise $1 billion when its stock begins trading Thursday on the Nasdaq at $29.50. The pricing of the initial public offering values the firm at $9 billion. The company filed last month for the offering, and the price wound up in the middle of the range…

AT&T has completed the spinoff of DirecTV into a new entity part-owned by private equity firm TPG, capping a costly six-year adventure in the satellite TV business. The new entity, whose financials will no longer be included on the AT&T balance sheet, unveiled new branding and a new home for its internet-delivered TV…

As the fallout continues from the bribery scandal involving several elite U.S. universities, Bill McGlashan has resigned from TPG and The Rise Fund, its $2 billion impact-investment platform he co-founded with U2's Bono, Richard Branson and others. TPG is the majority owner of CAA, the Hollywood uber-agency for which…

Bill McGlashan, the founder and managing partner of TPG Growth which is majority owner of CAA and helped launch STX Entertainment among other Hollywood entities, has been put on administrative leave by parent company TPG after he was among 46 people indicted Tuesday for their part in a nationwide college bribery…