TPG Pace Beneficial Finance Corp.
General Information | |
Business: | We are a newly incorporated blank check company. Our sponsor is an affiliate of TPG, a leading global alternative investment firm with over $79 billion of assets under management as of March 31, 2020. We are focused on sponsoring the public listing of a company that combines attractive business fundamentals with or with the potential for strong environmental, social and governance (“ESG”) principles and practices through a business combination. Our relationship with TPG gives us advantaged insights into promising companies and potential transactions due to our profile of being leading impact investors with our affiliate, The Rise Fund. Karl Peterson is our non-executive chairman and director. He was the founding president and CEO of Hotwire.com. Mr. Peterson has more than 25 years of experience in the private equity arena. He has overseen three successful SPAC transactions. He is the as chairman of Sabre, a leading vertical software company, and Accel Entertainment, a leading gaming-as-a-service company. Michael MacDougall is our president. He has 21 years of private equity investing experience across a broad range of sectors. Since 2017, he has played a leadership role in the TPG Pace Group, which manages our permanent capital and SPAC investing efforts. He recently served as the managing partner for Pace Energy, which was one of TPG Pace Group’s three successful SPACs.
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Industry: | BLANK CHECKS |
Employees: | 0 |
Founded: | 2020 |
Contact Information | |
Address | 301 Commerce St., Suite 3300 Fort Worth, TX 76102 |
Phone Number | (212) 405-8458 |
Web Address | |
View Prospectus: | TPG Pace Beneficial Finance Corp. |
Financial Information | |
Market Cap | $437.5mil |
Revenues | $0 mil (last 12 months) |
Net Income | $0 mil (last 12 months) |
IPO Profile | |
Symbol | TPGY.U |
Exchange | NYSE |
Shares (millions): | 35.0 |
Price range | $10.00 - $10.00 |
Est. $ Volume | $350.0 mil |
Manager / Joint Managers | Deutsche Bank Securities/ J.P. Morgan/ Barclays |
CO-Managers | Northland Capital Markets/ Siebert Williams Shank |
Expected To Trade: | 10/7/2020 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |