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.

 

 

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:
Lock-Up Period Expiration Date:
SCOOP Rating
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