TPG: High-Yield Asset Manager Trading At A Discount

Gen AlphaInvesting GroupFollow5ShareSavePlay(8min)CommentsSummaryTPG Inc. offers a compelling ‘Buy’ opportunity, trading near 52-week lows with a 6.2% dividend yield and discounted valuation.TPG’s $303B AUM is largely locked up in long-term vehicles, limiting redemption risk and supporting robust fundraising and deployment momentum.Margins expanded to 52% in Q4, with management guiding for further 200 bps margin growth and over $50B in new capital raised this year.TPG’s diversified platform, resilient software investments, and projected 20-25% EPS growth underpin attractive total return and multiple re-rating potential.Looking for a portfolio of ideas like this one? Members of iREIT®+HOYA Capital get exclusive access to our subscriber-only portfolios. Learn More »Getty Images Asset-light companies can make for great portfolio diversifiers, especially if one is already heavily invested in hard assets like REITs, MLPs, and Telcos. Such I find the case with asset managers at present like Blackstone (BX), AresThis article was written byGen Alpha23.14K FollowersFollowI am Gen Alpha. I have more than 14 years of investment experience, and an MBA in Finance. I focus on stocks that are more defensive in nature, with a medium- to long-term horizon. I provide high-yield, dividend growth investment ideas in the investing group iREIT®+HOYA Capital. The group helps investors achieve dependable monthly income, portfolio diversification, and inflation hedging. It provides investment research on REITs, ETFs, closed-end funds, preferreds, and dividend champions across asset classes. It offers income-focused portfolios targeting dividend yields up to 10%. Learn more.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in TPG over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. I am not an investment advisor. This article is for informational purposes and does not constitute as financial advice. Readers are encouraged and expected to perform due diligence and draw their own conclusions prior to making any investment decisions.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.