$TPG

Investing.com reports August gains in small- and mid-cap stocks after Q2 earnings, citing Coastal Financial (CCB), Diodes (DIOD), Ramaco Resources (METC), Mativ (MATV), and others. Examples include METC up 33.59% in August, MATV up 39.86% with a 47.1% EPS beat, and DIOD up 25.70% with a 16.7% EPS beat. The article attributes moves to earnings surprises and fundamentals.

Alternative asset managers reported Q2 results focused on wealth-channel fundraising and redemption trends. Blackstone said private wealth AUM rose 16% to $324B and Q2 sales were $8.6B, while BCRED saw $1.2B net outflows. Ares reported $3.9B inflows and $76B wealth AUM. KKR reported $3B inflows. Non-traded BDCs had $2B raised, down 82% YoY, with net outflows of $3.8B.

Reuters, citing Google and internet intelligence data, reports ransom-seeking hackers used phone calls and tailored phishing sites to target employees at US financial firms. Targets included Blackstone, Bridgewater, Apollo, Bain Capital, KKR, TPG, CME Group and Moody’s. Google said some unnamed firms paid ransoms; Reuters could not confirm successful breaches.

TPG Inc. reported Q2 2026 fee-related revenue of $628 million, up 27% year over year, and fee-related earnings of $315 million, up 43%. After-tax distributable earnings were $280 million, or $0.69 per Class A share, with a $0.59 dividend declared. Total AUM rose to $327 billion, up 25% YoY. Management said transaction and monitoring fees may step down in Q3.

Goldman Sachs said alternative asset manager stocks are still attractive for H2 despite YTD declines. In a note, it cited stabilized earnings, a 3% average rise in 2026-2027 fee-related revisions, and next-12-month P/D E multiples net of SBC averaging 19x (16% below five-year). It expects management fees to average about 15% growth, with TPG, STEP, CG, HLNE and KKR among the biggest upside candidates.

Google warned, according to Reuters and Google, that hacking groups are using voice phishing (vishing) to target US finance and investment firms. Attackers call employees on personal phones, trick them into entering login and MFA codes on fake sites, then steal data and demand ransoms. Targeted firms include Apollo, Bain Capital, Blackstone, Bridgewater, CME Group, KKR, Moody’s and TPG. Ransoms cited as $1M to $3M+.

Reuters, citing Google Threat Intelligence data, reports phone-based phishing and password-stealing websites used by hackers to target dozens of US financial firms and other businesses. Targets named include Blackstone, Bridgewater, Apollo, Bain Capital, KKR, TPG, CME Group, Clearlake Capital and Moody’s. Some companies reportedly paid ransoms, but Reuters could not confirm successful breaches.

Reuters reports that ransom-seeking hackers used phone-based social engineering to target dozens of U.S. financial institutions, according to Google and internet intelligence data. Google said the campaign used password-stealing websites and that some unnamed firms paid ransoms. Targets mentioned include Blackstone, Apollo, KKR, Bain Capital, CME Group, TPG, Moody’s and Bridgewater, though Reuters could not confirm successful breaches.

TPG (NASDAQ: TPG) reported Q2 CY2026 results. Revenue rose 24.7% year over year to $610.4 million, beating the $566.5 million analyst estimate. Non-GAAP EPS was $0.69 versus $0.59. Management cited higher management fees, capital markets activity, and $16 billion raised in the quarter. CFO Axel Andre was appointed, and TPG expects continued fundraising and fee growth.

Macquarie said Australia’s ACCC has started a fourth review of regional mobile access without a trigger, following earlier 2017 findings. The review could mandate access, potentially reducing Telstra’s regional network advantage while improving coverage for TPG Telecom and others. Macquarie kept a neutral rating on Telstra (TLS) and an outperform on TPG (TPG), with a 12-month timeline.