
Sixth Street Partners
Investments
31Portfolio Exits
7Funds
30Partners & Customers
3Service Providers
3About Sixth Street Partners
Sixth Street Partners is a global credit and credit-related investment platform. Sixth Street has a long-term oriented, highly flexible capital base that allows it to invest across industries, geographies, capital structures and asset classes, in distressed assets but also healthy and growth companies.
Sixth Street Partners Headquarter Location
345 California St Suite 3300
San Francisco, California, 94104,
United States
Sixth Street Partners Web Traffic
Sixth Street Partners Rank
Research containing Sixth Street Partners
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CB Insights Intelligence Analysts have mentioned Sixth Street Partners in 1 CB Insights research brief, most recently on Aug 14, 2019.
Latest Sixth Street Partners News
May 11, 2022
The funding, arranged by Morgan Stanley, will exceed $1 billion and may include Sixth Street Partners, among other firms, the people said. Apollo, Sixth Street and Morgan Stanley declined to comment. May 11, 2022 / 07:33 AM IST Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., speaks during a discussion at the Satellite 2020 Conference in Washington, D.C., U.S., on Monday, March 9, 2020. The event comprises important topics facing both satellite industry and end-users, and brings together a diverse group of thought leaders to share their knowledge. Apollo Global Management Inc. is in talks to lead a preferred financing for Elon Musk’s proposed buyout of Twitter Inc., according to people with knowledge of the deal. The funding, arranged by Morgan Stanley, will exceed $1 billion and may include Sixth Street Partners, among other firms, the people said. Apollo, Sixth Street and Morgan Stanley declined to comment. Shares of Twitter closed Tuesday at $47.26 apiece, with traders growing more skeptical that Musk, the chief executive officer of Tesla Inc., will complete the purchase at the $54.20 offer price. That’s despite Musk revealing last week he’s getting $7.1 billion in equity commitments from investors including Larry Ellison, Sequoia Capital and Qatar. He persuaded Saudi Prince Alwaleed bin Talal to roll his $1.9 billion of Twitter stock into the privatized company and is seeking to do the same with Twitter co-founder Jack Dorsey. It’s not clear how the preferred equity might change the existing financing proposal, which requires Musk and his partners to contribute $27.25 billion in equity to fund the $44 billion purchase, with the rest coming from junk-rated debt and a margin loan tied to Musk’s Tesla stock.
Sixth Street Partners Investments
31 Investments
Sixth Street Partners has made 31 investments. Their latest investment was in ConcertAI as part of their Series C on March 3, 2022.
Sixth Street Partners Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
3/29/2022 | Series C | ConcertAI | $150M | Yes | 5 | |
3/15/2022 | Unattributed | Eni - Power Generation Unit | $548M | Yes | 1 | |
3/15/2022 | Series D | Amplience | $100M | Yes | 20 | |
12/2/2021 | Corporate Minority | |||||
9/9/2021 | Series D |
Date | 3/29/2022 | 3/15/2022 | 3/15/2022 | 12/2/2021 | 9/9/2021 |
---|---|---|---|---|---|
Round | Series C | Unattributed | Series D | Corporate Minority | Series D |
Company | ConcertAI | Eni - Power Generation Unit | Amplience | ||
Amount | $150M | $548M | $100M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 5 | 1 | 20 |
Sixth Street Partners Portfolio Exits
7 Portfolio Exits
Sixth Street Partners has 7 portfolio exits. Their latest portfolio exit was AvidXchange on October 13, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
10/13/2021 | IPO | 16 | |||
Date | 10/13/2021 | ||||
---|---|---|---|---|---|
Exit | IPO | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 16 |
Sixth Street Partners Acquisitions
2 Acquisitions
Sixth Street Partners acquired 2 companies. Their latest acquisition was Talcott Resolution on January 20, 2021.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
1/20/2021 | Acquired | 11 | ||||
1/12/2021 | Private Equity |
Date | 1/20/2021 | 1/12/2021 |
---|---|---|
Investment Stage | Private Equity | |
Companies | ||
Valuation | ||
Total Funding | ||
Note | Acquired | |
Sources | 11 |
Sixth Street Partners Fund History
30 Fund Histories
Sixth Street Partners has 30 funds, including Sixth Street Specialty Lending Europe II.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
1/8/2021 | Sixth Street Specialty Lending Europe II | $1,225.35M | 2 | ||
11/18/2020 | Sixth Street Agriculture VSC | 1 | |||
8/17/2020 | TAO | $22,500M | 2 | ||
6/20/2020 | TSSP Adjacent Opportunities Partners (B) | ||||
6/10/2020 | Sixth Street FS Equity |
Closing Date | 1/8/2021 | 11/18/2020 | 8/17/2020 | 6/20/2020 | 6/10/2020 |
---|---|---|---|---|---|
Fund | Sixth Street Specialty Lending Europe II | Sixth Street Agriculture VSC | TAO | TSSP Adjacent Opportunities Partners (B) | Sixth Street FS Equity |
Fund Type | |||||
Status | |||||
Amount | $1,225.35M | $22,500M | |||
Sources | 2 | 1 | 2 |
Sixth Street Partners Partners & Customers
3 Partners and customers
Sixth Street Partners has 3 strategic partners and customers. Sixth Street Partners recently partnered with Allegiant Travel Company on March 3, 2019.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
3/18/2019 | Partner | United States | LAS VEGAS and SAN FRANCISCO , March 18 , 2019 / PRNewswire / -- Allegiant Travel Company and TPG Sixth Street Partners , the global finance and investment firm in a strategic partnership with TPG Sixth Street Partners , today announced an agreement to finance the development of Sunseeker Resorts Charlotte Harbor , the company 's planned resort in the Charlotte County / Punta Gorda area in southwest Florida . | 2 | |
3/18/2019 | Partner | ||||
11/9/2016 | Partner |
Date | 3/18/2019 | 3/18/2019 | 11/9/2016 |
---|---|---|---|
Type | Partner | Partner | Partner |
Business Partner | |||
Country | United States | ||
News Snippet | LAS VEGAS and SAN FRANCISCO , March 18 , 2019 / PRNewswire / -- Allegiant Travel Company and TPG Sixth Street Partners , the global finance and investment firm in a strategic partnership with TPG Sixth Street Partners , today announced an agreement to finance the development of Sunseeker Resorts Charlotte Harbor , the company 's planned resort in the Charlotte County / Punta Gorda area in southwest Florida . | ||
Sources | 2 |
Sixth Street Partners Service Providers
3 Service Providers
Sixth Street Partners has 3 service provider relationships
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
Acquired | Investment Bank | Financial Advisor | |
Service Provider | |||
---|---|---|---|
Associated Rounds | Acquired | ||
Provider Type | Investment Bank | ||
Service Type | Financial Advisor |
Partnership data by VentureSource
Sixth Street Partners Team
6 Team Members
Sixth Street Partners has 6 team members, including current Founding Partner, Vijay Mohan.
Name | Work History | Title | Status |
---|---|---|---|
Vijay Mohan | Founding Partner | Current | |
Nari Ansari | Technology Crossover Ventures, and McKinsey & Company | Managing Director | Current |
Adam Kaye | New Leaf Venture Partners | Managing Director | Current |
Brian Rosenblum | Managing Director | Current | |
Michael Feldman | Managing Director | Former |
Name | Vijay Mohan | Nari Ansari | Adam Kaye | Brian Rosenblum | Michael Feldman |
---|---|---|---|---|---|
Work History | Technology Crossover Ventures, and McKinsey & Company | New Leaf Venture Partners | |||
Title | Founding Partner | Managing Director | Managing Director | Managing Director | Managing Director |
Status | Current | Current | Current | Current | Former |
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