{ "crd_number": 288851, "slug": "tpg-re-finance-trust-management-l-p-fort-worth-tx-288851", "primary_business_name": "TPG RE FINANCE TRUST MANAGEMENT, L.P.", "legal_name": "TPG RE FINANCE TRUST MANAGEMENT, L.P.", "dbas": [], "city": "Fort Worth", "state": "TX", "country": "United States", "cbsa_code": "19100", "metro": { "cbsa_code": "19100", "common_name": "Dallas", "msa_name": "Dallas-Fort Worth-Arlington, TX", "path": "/advisors/tx/dallas" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2017-08-23", "years_registered": 9, "period": "2026-10-01", "filing_date": "2026-03-27", "carried_forward": false, "raum_total": 4406200000.0, "raum_discretionary": 4406200000.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 19, "advisory_employees": 19, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 4406200000.0, "count": 1 } }, "compensation_types": [ "fixed", "other" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "CA", "TX" ], "websites": [ "https://facebook.com/TPGGLOBAL", "https://instagram.com/TPGHOLDINGS", "https://instagram.com/TPGINVESTMENTS", "https://instagram.com/TPG_INCORPORATED", "https://m.youtube.com/channel/UCK6Tsh2Ql7ldOs8kmxTBvoQ?view_as=subscriber", "https://tpg.com", "https://tpgrefinance.com", "https://twitter.com/TPG", "https://twitter.com/TPGGLOBAL", "https://twitter.com/TPGSOCIAL", "https://twitter.com/TPG_GLOBAL", "https://vimeo.com/user52190696" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/288851", "city_as_filed": "FORT WORTH", "url": "https://advisorcensus.com/firm/tpg-re-finance-trust-management-l-p-fort-worth-tx-288851", "display_name": "TPG RE Finance Trust Management, L.P.", "summary": "TPG RE Finance Trust Management, L.P. is an SEC-registered investment advisory firm in Fort Worth, TX, registered since 2017, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.", "citation": "AdvisorCensus. TPG RE Finance Trust Management, L.P. (CRD 288851): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "Fixed fees (other than subscription fees)", "Other" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is TPG RE Finance Trust Management, L.P. compensated?", "a": "On its Form ADV (Item 5.E, October 2026), TPG RE Finance Trust Management, L.P. reports these compensation arrangements: fixed fees (other than subscription fees); other. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is TPG RE Finance Trust Management, L.P. located?", "a": "TPG RE Finance Trust Management, L.P.'s principal office is in Fort Worth, TX, according to its Form ADV; the April 2026 filing also lists 2 other offices (Schedule D, Section 1.F)." }, { "q": "Is TPG RE Finance Trust Management, L.P. registered with the SEC or a state?", "a": "TPG RE Finance Trust Management, L.P. is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 288851." }, { "q": "How much does TPG RE Finance Trust Management, L.P. manage?", "a": "TPG RE Finance Trust Management, L.P. reports $4,406,200,000 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary)." }, { "q": "How have TPG RE Finance Trust Management, L.P.'s assets and staff changed since 2021?", "a": "In the Form ADV data for TPG RE Finance Trust Management, L.P.: Regulatory assets under management: $4,908,700,000 in the October 2021 data and $4,406,200,000 in the October 2026 data, down 10%. Total employees: 16 in October 2021 and 19 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does TPG RE Finance Trust Management, L.P. serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (1)." }, { "q": "Does TPG RE Finance Trust Management, L.P. report any disciplinary disclosures?", "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/288851" }, { "q": "What changed in TPG RE Finance Trust Management, L.P.'s recent Form ADV filings?", "a": "In the April 2026 filing data: Regulatory assets under management went from $3,731,400,000 to $4,406,200,000 (+18%). Employees performing advisory functions went from 18 to 19. Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 4908700000.0, "total_employees": 16, "filing_date": "2021-03-30" }, { "period": "2022-10-01", "regulatory_assets_under_management": 5200000000.0, "total_employees": 19, "filing_date": "2022-06-28" }, { "period": "2023-10-01", "regulatory_assets_under_management": 5545100000.0, "total_employees": 19, "filing_date": "2023-03-30" }, { "period": "2024-10-01", "regulatory_assets_under_management": 4214300000.0, "total_employees": 19, "filing_date": "2024-09-27" }, { "period": "2025-10-01", "regulatory_assets_under_management": 3731400000.0, "total_employees": 18, "filing_date": "2025-03-28" }, { "period": "2026-10-01", "regulatory_assets_under_management": 4406200000.0, "total_employees": 19, "filing_date": "2026-03-27" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Regulatory assets under management went from $3,731,400,000 to $4,406,200,000 (+18%).", "Employees performing advisory functions went from 18 to 19.", "Updated its list of owners and control persons (Schedule A)." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/tpg-re-finance-trust-management-l-p-fort-worth-tx-288851.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 1, "fewer_than_5": false, "raum": 4406200000.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/288851", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }