TPG Operating Group II L.P.’s Registered Senior Notes Offering

Cravath represented the underwriters in connection with the $500 million registered senior notes offering of TPG Operating Group II, L.P. TPG Operating Group II, L.P. is a subsidiary of TPG Inc., a leading global alternative asset manager. The transaction closed on February 26, 2026.

The Cravath team included partners Craig F. Arcella and Douglas Dolan and associates Nigle B. Barrow III and Benjamin Meyer on capital markets matters; partner Arvind Ravichandran and associate Jessica Shung on tax matters; and partner Eric W. Hilfers on executive compensation and benefits matters. Yanlin (Andrea) Ma also worked on capital markets matters, Ben Gelman worked on tax matters and Scarlett A. Neely worked on executive compensation and benefits matters.