Form D · Private Equity Fund

TPG NEXT (B), L.P.

Fort Worth, TX · CIK 0001958483

Offering snapshot reported Apr 4, 2025 · SEC filing

Reported sold
$565M
Indefinite offering
Investors reported
3
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
Dec 20, 2024
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$282M$565MDec 30, 2024: $554,300,000.00Dec 30, 2024Apr 4, 2025: $564,500,000.00Apr 4, 2025

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$554,300,000 → $564,500,000

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Apr 4, 2025Amendment$564,500,000$10,200,000vs Dec 30, 20243SEC filing
Dec 30, 2024Initial$554,300,000No comparison3SEC filing

Offering details

Securities
Pooled investment fund, Other
Exemptions
06c, 3C, 3C.1
Duration over one year
No
Business combination
No
Sales commissions
$0 (estimated)
Finders' fees
$0 (estimated)
Form D file number
021-533705
The Total Amount Sold reflects an aggregate amount including the amounts sold by the Issuer and a parallel fund of the Issuer.
Limited Partnership Interests

Source: Form D, filed Apr 4, 2025. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

TPG NEXT (B), L.P.

Investment adviser: TPG SOLUTIONS ADVISORS, LLC

Gross asset value
$26.3M
Beneficial owners
2
ADV minimum commitment
$5M

Reported in Form ADV on Jun 2, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator CITCO FUND SERVICES DALLAS, Texas, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor DELOITTE & TOUCHE, LLP FORT WORTH, Texas, United States
Custodian BANK OF AMERICA, N.A. NEW YORK, New York, United States Related to adviser: No
Marketer TPG CAPITAL BD, LLC NEW YORK, New York, United States Related to adviser: Yes
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

DELOITTE & TOUCHE, LLP
PCAOB 34

TPG CAPITAL BD, LLC
CRD 143876 · SEC 8-67616

Filing source

Form ADV 2109523 · Jun 2, 2026 · Schedule D 7.B.(1), fund 805-6802294670

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
Martin Davidson Executive
Joann Harris Executive
Jordan Kolar Executive
N/A Tpg Next Genpar Advisors, Llc Director, Executive
N/A Tpg Next Genpar, L.P. Director, Executive, Promoter
Steven A. Willmann Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
301 Commerce Street Suite 3300
Fort Worth, TX, 76102