Deals Rumor Mill: TPG, Blackstone, AIG

Law360, New York (August 21, 2013, 1:36 PM EDT) -- Texas-based private equity firm TPG Capital is targeting about $2.5 billion in commitments for its forthcoming global credit-focused fund, sources told Bloomberg on Wednesday. With that goal, the fund would essentially match a previous vehicle raised last year. TPG is almost ready to start formally marketing the fund, its third zeroing in on credit investments, continuing an expansion beyond its core buyout business.

Singapore sovereign wealth fund GIC Pte. is the mystery buyer taking London's Broadgate office complex off Blackstone Group LP's hands in a $2.7...
To view the full article, register now.