Tpg Opportunities Advisers, LLC (Fort Worth)

Name: Tpg Opportunities Advisers, LLC
Address: 301 Commerce Street, Suite 3300, Fort Worth, TX, 76102
Telephone: 817-871-4000

Tpg Opportunities Advisers, LLC is a large advisory firm based in Fort Worth. It manages $28.19 billion of regulatory assets for 71 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of California and Texas.

Tpg Opportunities Advisers provides portfolio management for pooled investment vehicles and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Tpg Opportunities Advisers: assets under management

The assets under management (AUM) of Tpg Opportunities Advisers, LLC is $28.19 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 2359% since the beginning of its operation, and $5.89 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $28.19 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $397.08 million each.

Investments

The firm invests in pooled investment vehicles the most. They account for 97% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 3% of the firm’s portfolio.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Tpg Opportunities Advisers, LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Alan Samuel Waxman serves?

The firm provides services to pooled investment vehicles and state or municipal government entities. The largest group of clients of Alan Samuel Waxman is pooled investment vehicles with 70 clients and $27.94 billion of assets under management. Among the 3 most similar advisory firms, Tpg Opportunities Advisers has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $28.19 billion for 71 clients. 23% of the firm’s clients are foreign persons or businesses.

Tpg Opportunities Advisers also advises several private funds. Namely, fifty eight private equity funds and twelve securitized asset funds. The minimum investment commitment required of non-related persons ranges from $0 to $100,000,000.

Careers at Tpg Opportunities Advisers, LLC

The company employs 195 people that are either part- or full-time employees. 51 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Alan Samuel Waxman has been acting as President since 1 Aug 2014. L.P. Tssp Management Holdings joined the executive team most recently as the Limited Partner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Eric Stiepleman	Chief operating officer	1 Jun 2010	Other	5893476
L.P. Tpg Special Situations Partners Management Company	Member	1 Jul 2010	50% - 75%	27-5022077
David Craig Reintjes	Chief compliance officer/assistant secretary	1 Jul 2010	Other	5328983
David Nmn Bonderman	Elected manager/president	1 Jul 2010	Other	1892040
James George Coulter	Elected manager/senior vice president	1 Jul 2010	Other	5085548
Ronald Nmn Cami	Vice president/secretary	1 Jul 2010	Other	5873646
John Edward Viola	Vice president/treasurer	1 Jul 2010	Other	5460494
Llc Tpg Opportunities Advisers	Member	1 Jul 2010	25% - 50%	45-2553330
David Craig Reintjes	Chief compliance officer/assistant secretary	1 Jun 2011	Other	5328983
David Nmn Bonderman	President	1 Jun 2011	Other	1892040
James George Coulter	Senior vice president	1 Jun 2011	Other	5085548
Ronald Nmn Cami	Vice president/secretary	1 Jun 2011	Other	5873646
John Edward Viola	Vice president/treasurer	1 Jun 2011	Other	5460494
L.P. Tpg Holdings Ii	Managing member	1 Jun 2011	75% - 100%	27-1346320
L.P. Tpg Holdings Ii Sub	Member	1 Jan 2012	25% - 50%	38-3856865
Llc Top Finance 2	Member	1 Apr 2013	75% - 100%	45-3800365
Inc. Tpg Opportunities Ii Advisors	Managing member	1 Jul 2013	Other	45-3742235
Llc Tpg Institutional Credit Management	Member	1 Feb 2014	75% - 100%	37-1738608
Alan Samuel Waxman	President	1 Aug 2014	Other	3102837
Jennifer Brown Mello	Vice president/secretary	1 Aug 2014	Other	6302524
Steven Sam Pluss	Vice president/treasurer	1 Aug 2014	Other	1412157
Jennifer E. Gordon	Chief compliance officer/ vice president/ assistant secretary	1 Oct 2014	Other	4907532
Llc Tssp Holdco Management	Managing member	1 Dec 2014	Other	471551785
L.P. Austin Credit Macro Partners	Member	1 Dec 2014	25% - 50%	473125580
L.P. Ticp Partners	Member	1 Oct 2015	Other	81-0787968
L.P. Tpg Clo Advisers Partners Ii	Investment member	1 Mar 2016	75% - 100%	98-1290195
Robert Nmn Karicod	Chief financial officer	1 Mar 2016	Other	6772300
L.P. Tsle Partners Management Company	Member	1 Jun 2016	Other	81-1088013
L.P. Tpg Special Situations Partners Management Company	Member	1 Sep 2016	50% - 75%	27-5022077

Indirect Owners

The SEC currently registers 41 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
David Nmn Bonderman	Shareholder ; elected manager	1 Dec 2006	75% - 100%	1892040
James George Coulter	Shareholder ; elected manager	1 Dec 2006	75% - 100%	5085548
L.P. Tpg Holdings	Limited partner	1 Dec 2009	75% - 100%	98-0515269
L.P. Tpg Partner Holdings	Limited partner	1 Dec 2009	75% - 100%	98-0519570
L.P. Tpg Group Holdings (Sbs)	Member	1 Dec 2009	75% - 100%	26-3895996
Llc Tpg Holdings Ii A	General partner	1 Dec 2009	75% - 100%	27-1656806
L.P. Tpg Group Holdings (Parallel)	Limited partner	1 Dec 2009	75% - 100%	26-3895996
Inc. Tpg Group Advisors	General partner	1 Dec 2009	Other	26-3202842
Inc. Tpg Group Advisors (Cayman)	General parnter	1 Dec 2009	Other	98-0649379
L.P. Tpg Group Holdings (Sbs)	General partner; limited partner	1 Jun 2010	75% - 100%	26-3895996
Llc Tpg Holdings Ii A	General partner	1 Jun 2010	75% - 100%	271656806
L.P. Tpg Holdings Iii A	General partner	1 Jun 2010	75% - 100%	98-0646921
Llc Special Situations Gp	General partner	1 Jul 2010	Other	27-5022077
Alan Samuel Waxman	Partner/member ; elected manager	1 Jul 2010	50% - 75%	3102837
L.P. Tpg Holdings Iii	Member	1 Jun 2011	25% - 50%	27-1346409
L.P. Tpg Holdings Ii	General partner	1 Nov 2011	50% - 75%	27-1346320
L.P. Tpg Opportunities Genpar Ii	Managing member	1 Nov 2011	Other	45-2581060
L.P. Tpg Opportunities Partners Ii (A)	Member	1 Nov 2011	50% - 75%	45-2581116
David Nmn Bonderman	Shareholder	1 Nov 2011	50% - 75%	1892040
James George Coulter	Shareholder	1 Nov 2011	50% - 75%	5085548
Inc. Coulco	Limited partner	1 Jan 2012	25% - 50%	75-2501132
Inc. Bondco	Limited partner	1 Jan 2012	25% - 50%	75-2447912
Llc Tpg Opportunities Genpar Ii Governance	General partner	1 Feb 2012	25% - 50%	45-4652749
Llc Tpg Opportunities Genpar Ii Advisers	Member	1 Feb 2012	75% - 100%	45-2581005
L.P. Tpg Opportunities Partners Ii (B)	Member	1 Jun 2012	75% - 100%	45-2581159
Llc Tpg Opportunities Partners Fund Ii Delaware	Member	1 Jun 2012	25% - 50%	453819474
L.P. Tpg Special Situations Partners	Member	1 Dec 2012	50% - 75%	455450532
L.P. Top Ii Senior Professionals Vsp	Limited partner	1 Jul 2013	50% - 75%	45-5446595
Alan Samuel Waxman	Limited partner	1 Apr 2014	25% - 50%	3102837
L.P. Tpg Holdings Ii Sub	Member	1 Jun 2014	50% - 75%	383856865
Llc Tpg Opportunities Genpar Ii Advisers	Member	1 Dec 2014	75% - 100%	45-2581005
L.P. Tpg Special Situations Partners Management Company	Member	1 Dec 2014	25% - 50%	454758304
Gabriel Nmn Sodhoffs	Limited partner	1 Mar 2015	50% - 75%	2778731
David Nmn Bailey	Limited partner	1 Mar 2015	25% - 50%	5728403
Gabriel Sodhoffs	Limited partner	1 Mar 2015	50% - 75%	2778731
David Bailey	Limited partner	1 Mar 2015	25% - 50%	5728403
Llc Ticp Clo Genpar Ii	General partner	1 Mar 2016	Other	81-0819487
L.P. Tpg Clo Advisers Equity Ii	Limited partner	1 Mar 2016	75% - 100%	98-1283965
Phillip Fretwell	Limited partner	1 Jun 2016	75% - 100%	6771657
L.P. Tssp Management Holdings	Limited partner	1 Jun 2017	75% - 100%	82-1049549
L.P. Tssp Founders Management	Limited partner	1 Jun 2017	75% - 100%	82-1049435

Based in Fort Worth

The principal office where Tpg Opportunities Advisers, LLC performs its advisory services is located at 301 Commerce Street, Suite 3300, Fort Worth, TX 76102, which is also the mailing address of the firm. An additional office of the firm is in San Francisco, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 817-871-4000 or by fax 817-871-4001. The normal business hours are 8:30 - 5:30 on Monday - Friday. You can find more information about the New York firm at texaspacificgroup.com.