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One thing I love about a newsroom is the spontaneous debates that spring up among reporters and editors. It’s part of the energy of a place where everyone’s job is to ferret out the most relevant facts and have a keen nose for BS.
I find it strange TPG Capital’s bridge fund was not drawn. TPG last year raised TPG Strategic Partnership Interim Fund designed only for the most intimate of TPG investors. The firm raised $2 billion from, as I understand it, three LPs – the state pensions of Oregon and Washington State and a sovereign wealth fund. […]
Two things happened shortly before we went to press with this issue in mid-January that seemed almost symbolic of some larger truth.
In my perch observing the industry from as close inside as possible, I don’t always take a look outside to see the effects on the places and people where private equity makes its investments.

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