The investment company TPG raised its capital raising target for the current year to more than 55 billion dollars, which would be a record for the company, writes the Wall Street Journal. In the first nine months of this year, TPG has already raised nearly $42 billion. The company's third-quarter net income rose 48% year-over-year to $99.6 million, while assets under management grew 21% to nearly $346 billion.

The investment company TPG raised its capital raising target for the current year to more than 55 billion dollars, which would be a record for the company, writes the Wall Street Journal. In the first nine months of this year, TPG has already raised nearly $42 billion. The company's third-quarter net income rose 48% year-over-year to $99.6 million, while assets under management grew 21% to nearly $346 billion.