TPG News

Indian Tycoon Piramal, TPG Inc. Weigh Selling Stakes in Shriram General: Sources

Billionaire Ajay Piramal and TPG Inc. are considering selling their stakes in Shriram General Insurance Holdings Co., according to people familiar with the matter. Piramal and TPG are jointly working with an adviser on divesting a combined 30% stake in …

Aon Appoints Cai (Former Head of World Bank’s Investment Arm) to Board

Jin-Yong Cai, a TPG Capital partner and the former head of the World Bank’s investment arm, joined the board of insurance broker Aon Plc. He was appointed to the board’s finance and organization and compensation committees, the London-based firm said …

Russia’s $3.6 Billion VTB Bank Roadshow Hooks Italy’s Generali

An overseas roadshow by VTB to raise some $3.6 billion got off to a solid start on Monday, lining up Italy’s Assicurazioni Generali SpA as a key shareholder in Russia’s second-largest lender. Investors are closely watching the first step in …