Bloomberg Law
Jan. 13, 2022, 9:53 PM

TPG’s Jon Winkelried Tops Goldman Riches With Firm’s IPO (2)

Devon Pendleton
Devon Pendleton
Bloomberg News
Scott Carpenter

Jon Winkelried spent three decades at Goldman Sachs Group Inc., racking up promotions and almost $200 million in rewards during a boom period for investment banking. By the time the firm went public in 1999, he was a partner.

This week he’s poised for another windfall from a different corner of finance in the midst of record growth and profits. TPG Inc., the private equity firm that Winkelried heads, raised $1 billion Wednesday in an initial public offering that valued the company at $9 billion based on the outstanding shares listed in its filings. The shares rose more ...