(Reuters) – Private equity firm TPG raised $1 billion in its U.S. initial public offering on Wednesday, at a valuation of $9.1 billion, a person familiar with the matter said.
TPG priced 33.9 million shares at $29.50 per share, the source said. The buyout firm had said this week it planned to sell the shares at between $28 and $31 apiece.
TPG did not immediately respond to a request for comment. Its shares will start trading on Nasdaq on Thursday.
(Reporting by Echo Wang in New York)
