TPG for sale after Kuwait, Singapore / in

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See a sample reprint in PDF format.Order a reprint of this article nowASIA BUSINESSAPRIL 1, 2011, 8:46 A.M. ETTPG to Sell Stake to Kuwait, Singapore Sovereign-Wealth Funds ArticleStock QuotesCommentsmore in Asia ?BY GREGORY ZUCKERMAN

Private-equity powerhouse TPG Holdings has reached a deal to sell nearly 5% of itself to sovereign-wealth funds operated by Kuwait and Singapore. The deal values the firm at about $11 billion and allows it to raise several hundred million dollars, according to people close to the matter.

TPG sent a letter to its investors Thursday night informing them of the transaction, although the firm didn't name ...

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