A screen announces the listing of private-equity firm TPG, during the IPO at the Nasdaq Market site in Times Square in New York City, U.S., January 13, 2022.
TPG kicked off fundraising of its eighth private equity fund for the region in January, targeting $6 billion, the company said during its March earnings call.
If successful, the fund will be its largest Asia fund to date.
Hong Kong-based Baring Private Equity Asia last week announced it had closed its eighth, and largest, pan-Asia fund at $11.2 billion.
read moreTPG's U.S rival Carlyle Group (CG.O) aims at raising $8.5 billion in a new Asia fund, according to separate people familiar with the situation.