Defendant Name:
TPG Capital Advisors, LLC
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
TPG Inc.
SIC Code:
9999
CUSIP:
87265710
Document Reference:
IA-6813
Document Details
Legal Case Name
In the Matter of TPG Capital Advisors, LLC
Document Name
Order Instituting Administrative and Cease-and-Desist Proceedings, Pursuant to Sections 203(e) and 203(k) of the Investment Advisers Act of 1940, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
Document Date
13-Jan-2025
Document Format
Administrative Proceeding
Allegation Type
Investment Advisers/Investment Companies
Document Summary
On January 13, 2025, the SEC instituted settled administrative and cease-and-desist proceedings against TPG Capital Advisors, LLC, stating: "These proceedings arise out of the failure of Respondent's personnel, including at senior levels, to adhere to certain of these essential requirements and the Respondent's policies and procedures. Using their personal devices, these personnel communicated both internally and externally by text messages and/or other unapproved written communications platforms ("off-channel communications")."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Censured
Other Compliance Related Undertaking
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Civil Penalty
Individual:
$8,500,000.00
Shared:
