# TPG Real Estate Advisors, LLC

> TPG Real Estate Advisors, LLC is an SEC-registered investment advisory firm in Fort Worth, TX, registered since 2014, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated June 4, 2026.

- CRD: 170731
- Filed as: TPG REAL ESTATE ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Fort Worth, TX
- Filing period: October 2026
- Form ADV filing dated: June 4, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/170731
- AdvisorCensus page: https://advisorcensus.com/firm/tpg-real-estate-advisors-llc-fort-worth-tx-170731

## Quick answers

**How is TPG Real Estate Advisors, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), TPG Real Estate Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; other. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is TPG Real Estate Advisors, LLC located?**
TPG Real Estate Advisors, LLC's principal office is in Fort Worth, TX, according to its Form ADV; the July 2026 filing also lists 3 other offices (Schedule D, Section 1.F).

**Is TPG Real Estate Advisors, LLC registered with the SEC or a state?**
TPG Real Estate Advisors, LLC is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 170731.

**How much does TPG Real Estate Advisors, LLC manage?**
TPG Real Estate Advisors, LLC reports $16,974,400,000 in regulatory assets under management in its Form ADV filing dated June 4, 2026 (100% discretionary).

**How have TPG Real Estate Advisors, LLC's assets and staff changed since 2021?**
In the Form ADV data for TPG Real Estate Advisors, LLC: Regulatory assets under management: $6,191,400,000 in the October 2021 data and $16,974,400,000 in the October 2026 data, up 174%. Total employees: 33 in October 2021 and 48 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does TPG Real Estate Advisors, LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (35).

**Does TPG Real Estate Advisors, LLC report any disciplinary disclosures?**
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/170731

**What changed in TPG Real Estate Advisors, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 44 to 48. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Other

### Regulatory assets under management (Item 5.F)
- Total: $16,974,400,000
- Discretionary: $16,974,400,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 35 | $16,974,400,000 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2014 (12 years)
- Employees: 48 total, 48 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the July 2026 filing
- London
- New York, NY
- San Francisco, CA

### Websites listed on Form ADV (Item 1.I)
- tpg.com
- vimeo.com/user52190696
- Facebook @TPGGLOBAL
- Instagram @TPGHOLDINGS
- Instagram @TPGINVESTMENTS
- Instagram @TPG_INCORPORATED
- YouTube @UCK6Tsh2Ql7ldOs8kmxTBvoQ
- X @TPG
- X @TPGGLOBAL
- X @TPGSOCIAL
- X @TPG_GLOBAL

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $6,191,400,000 | 33 | May 19, 2021 |
| October 2022 | $7,831,400,000 | 32 | June 28, 2022 |
| October 2023 | $14,794,900,000 | 38 | May 11, 2023 |
| October 2024 | $15,788,500,000 | 44 | September 27, 2024 |
| October 2025 | $15,645,400,000 | 45 | March 28, 2025 |
| October 2026 | $16,974,400,000 | 48 | June 4, 2026 |

Regulatory assets under management: $6,191,400,000 in the October 2021 data and $16,974,400,000 in the October 2026 data, up 174%.
Total employees: 33 in October 2021 and 48 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 44 to 48.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. TPG Real Estate Advisors, LLC (CRD 170731): Form ADV filing data as of October 2026.