Insight on TPG Public Equity Partners (TPEP)

Was not aware that TPG ran a public strategy, but they appear to have ~$3bn in L/S AUM and an additional ~$2bn in LO AUM. Is anyone familiar with their history and general investment strategy / criteria? 

Their website markets collaboration with TPG Capital's industry teams. Do TPEP analysts have full coverage responsibility, or is the analysis done within the PE sector teams with oversight from TPEP?

https://www.tpg.com/platforms/market-solutions/tpep/

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