We advised TPG on the transaction

Davis Polk advised TPG on its substantial minority investment in Creative Planning, LLC. TPG is investing in the business through TPG Capital, its U.S. and European private equity platform. Financial terms of the transaction were not disclosed.

TPG Capital joins existing investor General Atlantic, which made a minority investment in 2020, to provide additional resources and expertise to help Creative Planning continue to enhance its service offerings and growth trajectory.

TPG is a leading global alternative asset management firm, founded in San Francisco in 1992, with $229 billion of assets under management and investment and operational teams around the world. TPG invests across a broadly diversified set of strategies, including private equity, impact, credit, real estate and market solutions, and its unique strategy is driven by collaboration, innovation and inclusion.

Creative Planning is a fast-growing, leading independent wealth management firm that provides comprehensive financial planning-led wealth management solutions. Creative Planning and its affiliates currently have more than $375 billion in combined assets under management and advisement across all 50 states and 90 countries.

The Davis Polk corporate team included partners Oliver Smith and Darren M. Schweiger, counsel Nicholas C. Phillips and associates Lily Zhou and Fengyi Wan. Partner David H. Schnabel provided tax advice. Partner Pritesh P. Shah and associate Francesca Masella provided intellectual property advice. Partner Adam Kaminsky provided executive compensation. Partner Gregory S. Rowland provided investment management advice. Members of the Davis Polk team are based in the New York and Washington DC offices.

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