TPG NewQuest
Overview
TPG NewQuest is TPG's secondary private equity platform focused on the Asia-Pacific region. It was established in 2011 as NewQuest Capital Partners and became wholly owned by TPG in January 2022. The firm specializes in providing strategic liquidity solutions to private equity asset owners through GP-led transactions and direct secondary investments across sectors like business services, consumer, financial services, healthcare, and TMT.
Portfolio Companies
13
Website
tpg.comInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| KreditBee | Dec 2022 | Series D | Co-investor |
| Cloudnine Hospitals | Mar 2024 | Series D | Co-investor |
| Shadowfax | Jan 2025 | Series F | Co-investor |
| iD Fresh Food | Jan 2026 | Private Equity | Co-investor |
| Cloudnine Fertility | Feb 2024 | Series D | Co-investor |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is TPG NewQuest based?
TPG NewQuest is headquartered in Hong Kong SAR.
When was TPG NewQuest founded?
Founding year information for TPG NewQuest is not publicly available.
How many portfolio companies does TPG NewQuest have?
TPG NewQuest has 13 portfolio companies in Caplight's dataset.
What are some companies in TPG NewQuest's portfolio?
Portfolio companies visible on Caplight include KreditBee, Cloudnine Hospitals, Shadowfax, iD Fresh Food, Cloudnine Fertility.
What was TPG NewQuest's most recent investment shown here?
TPG NewQuest's most recent investment in this portfolio sample was in iD Fresh Food in 2026.
What sectors does TPG NewQuest focus on?
TPG NewQuest focuses on Consumer & Commerce, Healthcare & Life Sciences, Healthcare & Life Sciences, Mobility, Transportation & Logistics, FinTech, Consumer & Commerce, Healthcare & Life Sciences, Mobility, Transportation & Logistics, Healthcare & Life Sciences, Consumer & Commerce, Consumer & Commerce, Enterprise Software, Healthcare & Life Sciences, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Enterprise Software, Frontier & Industrial Tech, Consumer & Commerce, Consumer & Commerce.
What company stages does TPG NewQuest focus on?
TPG NewQuest typically invests at the Late stage.
What is TPG NewQuest's AUM?
TPG NewQuest's assets under management are estimated between $3.2B and $3.5B.