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Deals Rumor Mill: TPG, Stryker, Fortum

By Adam Rhodes (June 11, 2018, 8:03 PM EDT) -- Private equity firm TPG wants $1.5 billion for a fund aimed at betting on technology companies putting off going public, Bloomberg reported early Monday. According to the report, the debut fund, TPG Tech Adjacencies LP, will focus on technology, media and telecommunications companies in an effort to cash in on a trend of companies in those sectors staying private. Citing anonymous sources, Bloomberg reported that the firm will offer to buy equity from investors, founders and employees as part of its strategy....

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