Tpg Capital Advisors, LLC

Includes form instructions and options. Options shown in this text do not identify which boxes were selected.

GENERAL INSTRUCTIONS
This Disclosure Reporting Page (DRP ADV) is an 
INITIAL OR
AMENDED response used to report details for affirmative responses to Items 11.A. or
11.B. of Form ADV.
Criminal
Check item(s) being responded to:
11.A(1)
11.A(2)
11.B(1)
11.B(2)
Use a separate DRP for each event or proceeding . The same event or proceeding may be reported for more than one person or entity using one DRP. File
with a completed Execution Page. 
Multiple counts of the same charge arising out of the same event(s) should be reported on the same DRP. Unrelated criminal actions, including separate
cases arising out of the same event, must be reported on separate DRPs. Use this DRP to report all charges arising out of the same event. One event may
result in more than one affirmative answer to the items listed above.
PART I
A.  The person(s) or entity(ies) for whom this DRP is being filed is (are):
You (the advisory firm)
You and one or more of your advisory affiliates
One or more of your advisory affiliates
If this DRP is being filed for an advisory affiliate, give the full name of the advisory affiliate below (for individuals, Last name, First name, Middle name). 
If the advisory affiliate has a CRD number, provide that number. If not, indicate "non-registered" by checking the appropriate box.
ADV DRP - ADVISORY AFFILIATE
CRD
Number:
8317517
This advisory affiliate is 
a Firm
an Individual
Registered:
Yes
No
Name:
Thickins, Joel, Chase
(For individuals, Last, First,
Middle)
This DRP should be removed from the ADV record because the advisory affiliate(s) is no longer associated with the adviser.
This DRP should be removed from the ADV record because: (1) the event or proceeding occurred more than ten years ago or (2) the adviser is
registered or applying for registration with the SEC or reporting as an exempt reporting adviser with the SEC and the event was resolved in the
adviser's or advisory affiliate's favor.
This DRP should be removed from the ADV record because it was filed in error, such as due to a clerical or data-entry mistake. Explain the
circumstances: 
B.
If the advisory affiliate is registered through the IARD system or CRD system, has the advisory affiliate submitted a DRP (with Form ADV, BD or U-4) to
the IARD or CRD for the event? If the answer is "Yes," no other information on this DRP must be provided.
 Yes
 No
NOTE: The completion of this form does not relieve the advisory affiliate of its obligation to update its IARD or CRD records.
PART II
1.  If charge(s) were brought against an organization over which you or an advisory affiliate exercise(d) control: Enter organization name, whether or not
the organization was an investment-related business and your or the advisory affiliate's position, title, or relationship. 
2.
Formal Charge(s) were brought in: (include name of Federal, Military, State or Foreign Court, Location of Court - City or County and State or Country,
Docket/Case number). 
WAVERLY LOCAL COURT, SYDNEY, NEW SOUTH WALES, AUSTRALIA, CASE NO. 2026/00230935
3.
Event Disclosure Detail (Use this for both organizational and individual charges.)
A. Date First Charged (MM/DD/YYYY): 
06/01/2026
 Exact
 Explanation
If not exact, provide explanation:
B.
Event Disclosure Detail (include Charge(s)/Charge Description(s), and for each charge provide: (1) number of counts, (2) felony or misdemeanor,

(3) plea for each charge, and (4) product type if charge is investment-related). 
COUNT I - NEGLIGENT DRIVING UNDER SECTION 117 OF THE ROAD TRANSPORT ACT 2013 (NSW); A SUMMARY MATTER UNDER AUSTRALIAN LAW,
WHICH DOES NOT DIFFERENTIATE BETWEEN A FELONY AND A MISDEMEANOR. COUNT I IS PUNISHABLE BY A PENALTY EXCEEDING THE
THRESHOLD INCLUDED IN THE FORM ADV "FELONY" DEFINITION, THOUGH THE ACTUAL PENALTY FELL BELOW SUCH THRESHOLD; MR. THICKINS
ENTERED A PLEA OF GUILTY. COUNT II - REFUSING TO SUBMIT TO A BREATH TEST UNDER SCHEDULE 3 OF THE ROAD TRANSPORT ACT 2013
(NSW); A SUMMARY MATTER UNDER AUSTRALIAN LAW, WHICH DOES NOT DIFFERENTIATE BETWEEN A FELONY AND A MISDEMEANOR. COUNT II IS
PUNISHABLE BY A PENALTY EXCEEDING THE THRESHOLD INCLUDED IN THE FORM ADV "FELONY" DEFINITION, THOUGH THE ACTUAL PENALTY FELL
BELOW SUCH THRESHOLD; MR. THICKINS ENTERED A PLEA OF GUILTY.
C.
Did any of the Charge(s) within the Event involve a felony? 
 Yes
 No
D.
Current status of the Event? 
 Pending
 On Appeal
 Final
E.
Event Status Date (complete unless status is Pending) (MM/DD/YYYY): 
06/30/2026
 Exact
 Explanation
If not exact, provide explanation:
4.
Disposition Disclosure Detail: 
Include for each charge (a) Disposition Type (e.g., convicted, acquitted, dismissed, pretrial, etc.), (b) Date, (c) Sentence/Penalty, (d) Duration (if
sentence - suspension, probation, etc.), (e) Start Date of Penalty, (f) Penalty/Fine Amount, and (g) Date Paid. 
ON JUNE 30, 2026, MR. THICKINS WAS FOUND GUILTY FOLLOWING HIS PLEA FOR THE CHARGES OF NEGLIGENT DRIVING AND REFUSING TO SUBMIT TO
A BREATH TEST UNDER THE ROAD TRANSPORT ACT 2013 (NSW). FOR NEGLIGENT DRIVING, THE SENTENCE IMPOSED WAS A FINE OF AUD $550. FOR
REFUSING TO SUBMIT TO A BREATH TEST, THE SENTENCE IMPOSED WAS A FINE OF AUD $880. THE FINES WERE PAID ON JULY 21, 2026. IN ADDITION,
MR. THICKINS' NEW SOUTH WALES DRIVING LICENSE WAS DISQUALIFIED FOR NINE MONTHS, COMMENCING ON JUNE 1, 2026. HE WAS ALSO
REQUIRED TO PARTICIPATE IN THE MANDATORY INTERLOCK DEVICE SCHEME FOR 24 MONTHS, BEGINNING UPON THE EXPIRY OF THE 9 MONTHS
DISQUALIFICATION.
5.
Provide a brief summary of circumstances leading to the charge(s) as well as the disposition. Include the relevant dates when the conduct which was
the subject of the charge(s) occurred. (Your response must fit within the space provided.) 
THE CHARGES DISCLOSED ON THIS DRP RELATE TO A MOTOR VEHICLE ACCIDENT INVOLVING MR. THICKINS THAT OCCURRED ON JUNE 1, 2026. ON
JUNE 1, 2026, MR. THICKINS WAS CHARGED WITH NEGLIGENT DRIVING AND REFUSING TO SUBMIT TO A BREATH TEST UNDER THE ROAD TRANSPORT
ACT 2013 (NSW) IN CONNECTION WITH THIS INCIDENT. MR. THICKINS ENTERED A PLEA OF GUILTY ON JUNE 30, 2026. THESE CHARGES WERE
UNRELATED TO MR. THICKINS' BUSINESS ACTIVITIES.

Includes form instructions and options. Options shown in this text do not identify which boxes were selected.

GENERAL INSTRUCTIONS
This Disclosure Reporting Page (DRP ADV) is an 
INITIAL OR
AMENDED response used to report details for affirmative responses to Items 11.C., 11.D.,
11.E., 11.F. or 11.G. of Form ADV.
Regulatory Action
Check item(s) being responded to:
11.C(1)
11.C(2)
11.C(3)
11.C(4)
11.C(5)
11.D(1)
11.D(2)
11.D(3)
11.D(4)
11.D(5)
11.E(1)
11.E(2)
11.E(3)
11.E(4)
11.F.
11.G.
Use a separate DRP for each event or proceeding . The same event or proceeding may be reported for more than one person or entity using one DRP. File
with a completed Execution Page. 
One event may result in more than one affirmative answer to Items 11.C., 11.D., 11.E., 11.F. or 11.G. Use only one DRP to report details related to the
same event. If an event gives rise to actions by more than one regulator, provide details for each action on a separate DRP.
PART I
A.  The person(s) or entity(ies) for whom this DRP is being filed is (are):
You (the advisory firm)
You and one or more of your advisory affiliates
One or more of your advisory affiliates
If this DRP is being filed for an advisory affiliate, give the full name of the advisory affiliate below (for individuals, Last name, First name, Middle name). 
If the advisory affiliate has a CRD number, provide that number. If not, indicate "non-registered" by checking the appropriate box.
ADV DRP - ADVISORY AFFILIATE
No Information Filed
This DRP should be removed from the ADV record because the advisory affiliate(s) is no longer associated with the adviser.

This DRP should be removed from the ADV record because: (1) the event or proceeding occurred more than ten years ago or (2) the adviser is
registered or applying for registration with the SEC or reporting as an exempt reporting adviser with the SEC and the event was resolved in the
adviser's or advisory affiliate's favor.
If you are registered or registering with a state securities authority , you may remove a DRP for an event you reported only in response to Item
11.D(4), and only if that event occurred more than ten years ago. If you are registered or registering with the SEC, you may remove a DRP for any
event listed in Item 11 that occurred more than ten years ago.
This DRP should be removed from the ADV record because it was filed in error, such as due to a clerical or data-entry mistake. Explain the
circumstances: 
B.
If the advisory affiliate is registered through the IARD system or CRD system, has the advisory affiliate submitted a DRP (with Form ADV, BD or U-4) to
the IARD or CRD for the event? If the answer is "Yes," no other information on this DRP must be provided.
 Yes
 No
NOTE: The completion of this form does not relieve the advisory affiliate of its obligation to update its IARD or CRD records.
PART II
1.  Regulatory Action initiated by:
SEC   
Other Federal   
State   
SRO
Foreign
(Full name of regulator, foreign financial regulatory authority, federal, state, or SRO) 
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
2.
Principal Sanction:
Cease and Desist
Other Sanctions: 
DISGORGEMENT, PREJUDGMENT INTEREST AND CIVIL PENALTY
3.
Date Initiated (MM/DD/YYYY): 
12/21/2017
 Exact
 Explanation
If not exact, provide explanation:
4.
Docket/Case Number:
ADMINISTRATIVE PROCEEDING FILE NO. 3-18317
5.
Advisory Affiliate Employing Firm when activity occurred which led to the regulatory action (if applicable):
6.
Principal Product Type:
Other
Other Product Types: 
PRIVATE EQUITY FUNDS
7.
Describe the allegations related to this regulatory action (your response must fit within the space provided):
THE SEC ALLEGED THAT WITH RESPECT TO CERTAIN PRIVATE EQUITY FUNDS, TPG CAPITAL ADVISORS, LLC ("TPG CAPITAL") DID NOT PROVIDE
SUFFICIENT PRE-COMMITMENT DISCLOSURE REGARDING THE ACCELERATION OF OTHERWISE AUTHORIZED FEES PAID BY ITS PORTFOLIO COMPANIES
UPON THE TERMINATION OF MONITORING FEE AGREEMENTS. THE SEC ALSO ALLEGED THAT TPG CAPITAL DID NOT ADOPT AND IMPLEMENT A WRITTEN
COMPLIANCE POLICY OR PROCEDURE REGARDING THE FOREGOING.
8.
Current Status?      
 Pending
 On Appeal
 Final
9.
If on appeal, regulatory action appealed to (SEC, SRO, Federal or State Court) and Date Appeal Filed:
If Final or On Appeal, complete all items below. For Pending Actions, complete Item 13 only.
10. How was matter resolved:
Settled
11. Resolution Date (MM/DD/YYYY):
12/21/2017
 Exact
 Explanation
If not exact, provide explanation:
12. Resolution Detail:
A.  Were any of the following Sanctions Ordered (check all appropriate items)?

 Monetary/Fine Amount: $ 12,849,128.79
 Revocation/Expulsion/Denial
 Disgorgement/Restitution
 Censure
 Cease and Desist/Injunction
 Bar
 Suspension
B.
Other Sanctions Ordered:
THE ORDER IMPOSES A CIVIL PENALTY OF $3,000,000 AND DISGORGEMENT AND PREJUDGMENT INTEREST PAYMENT OF $9,849,128.79. THE CIVIL
PENALTY AND DISGORGEMENT AND PREJUDGMENT INTEREST WAS PAID PURSUANT TO THE TERMS OF THE ORDER.
Sanction detail: if suspended, enjoined or barred, provide duration including start date and capacities affected (General Securities Principal,
Financial Operations Principal, etc.). If requalification by exam/retraining was a condition of the sanction, provide length of time given to
requalify/retrain, type of exam required and whether condition has been satisfied. If disposition resulted in a fine, penalty, restitution,
disgorgement or monetary compensation, provide total amount, portion levied against you or an advisory affiliate, date paid and if any portion
of penalty was waived: 
SEE ABOVE.
13. Provide a brief summary of details related to the action status and (or) disposition and include relevant terms, conditions and dates (your response
must fit within the space provided).
WITHOUT ADMITTING OR DENYING THE FINDINGS IN THE SEC'S ADMINISTRATIVE ORDER, TPG CAPITAL MADE AN OFFER OF SETTLEMENT WHICH THE
SEC ACCEPTED. THE ORDER IS FINAL. THE CIVIL PENALTY AND DISGORGEMENT AND PREJUDGMENT INTEREST WERE PAID PURSUANT TO THE TERMS OF
THE ORDER.

Includes form instructions and options. Options shown in this text do not identify which boxes were selected.

GENERAL INSTRUCTIONS
This Disclosure Reporting Page (DRP ADV) is an 
INITIAL OR
AMENDED response used to report details for affirmative responses to Items 11.C., 11.D.,
11.E., 11.F. or 11.G. of Form ADV.
Regulatory Action
Check item(s) being responded to:
11.C(1)
11.C(2)
11.C(3)
11.C(4)
11.C(5)
11.D(1)
11.D(2)
11.D(3)
11.D(4)
11.D(5)
11.E(1)
11.E(2)
11.E(3)
11.E(4)
11.F.
11.G.
Use a separate DRP for each event or proceeding . The same event or proceeding may be reported for more than one person or entity using one DRP. File
with a completed Execution Page. 
One event may result in more than one affirmative answer to Items 11.C., 11.D., 11.E., 11.F. or 11.G. Use only one DRP to report details related to the
same event. If an event gives rise to actions by more than one regulator, provide details for each action on a separate DRP.
PART I
A.  The person(s) or entity(ies) for whom this DRP is being filed is (are):
You (the advisory firm)
You and one or more of your advisory affiliates
One or more of your advisory affiliates
If this DRP is being filed for an advisory affiliate, give the full name of the advisory affiliate below (for individuals, Last name, First name, Middle name). 
If the advisory affiliate has a CRD number, provide that number. If not, indicate "non-registered" by checking the appropriate box.
ADV DRP - ADVISORY AFFILIATE
No Information Filed
This DRP should be removed from the ADV record because the advisory affiliate(s) is no longer associated with the adviser.
This DRP should be removed from the ADV record because: (1) the event or proceeding occurred more than ten years ago or (2) the adviser is
registered or applying for registration with the SEC or reporting as an exempt reporting adviser with the SEC and the event was resolved in the
adviser's or advisory affiliate's favor.
If you are registered or registering with a state securities authority , you may remove a DRP for an event you reported only in response to Item
11.D(4), and only if that event occurred more than ten years ago. If you are registered or registering with the SEC, you may remove a DRP for any
event listed in Item 11 that occurred more than ten years ago.
This DRP should be removed from the ADV record because it was filed in error, such as due to a clerical or data-entry mistake. Explain the
circumstances: 
B.
If the advisory affiliate is registered through the IARD system or CRD system, has the advisory affiliate submitted a DRP (with Form ADV, BD or U-4) to
the IARD or CRD for the event? If the answer is "Yes," no other information on this DRP must be provided.

 Yes
 No
NOTE: The completion of this form does not relieve the advisory affiliate of its obligation to update its IARD or CRD records.
PART II
1.  Regulatory Action initiated by:
SEC   
Other Federal   
State   
SRO
Foreign
(Full name of regulator, foreign financial regulatory authority, federal, state, or SRO) 
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
2.
Principal Sanction:
Cease and Desist
Other Sanctions: 
CENSURE, CIVIL MONEY PENALTY
3.
Date Initiated (MM/DD/YYYY): 
01/13/2025
 Exact
 Explanation
If not exact, provide explanation:
4.
Docket/Case Number:
FILE NO. 3-22400
5.
Advisory Affiliate Employing Firm when activity occurred which led to the regulatory action (if applicable):
6.
Principal Product Type:
No Product
Other Product Types: 
7.
Describe the allegations related to this regulatory action (your response must fit within the space provided):
IN OCTOBER 2022, TPG CAPITAL ADVISORS, LLC ("TPG CAPITAL") RECEIVED A DOCUMENT REQUEST FROM THE SEC FOCUSING ON THE USE AND
RETENTION OF BUSINESS-RELATED ELECTRONIC COMMUNICATIONS, WHICH WAS PART OF AN INDUSTRY-WIDE REVIEW. TPG CAPITAL COOPERATED
WITH THE SEC'S INVESTIGATION AND ON JANUARY 13, 2025, REACHED A SETTLEMENT TO RESOLVE THE INQUIRY. AS SET FORTH IN THE ORDER,
CERTAIN TPG CAPITAL PERSONNEL COMMUNICATED VIA UNAPPROVED WRITTEN COMMUNICATIONS PLATFORMS, RECORDS OF WHICH WERE NOT
PRESERVED AND TPG CAPITAL DID NOT REASONABLY SUPERVISE ITS PERSONNEL WITHIN THE MEANING OF SECTION 203(E)(6) OF THE ADVISERS ACT.
THE ORDER STATES THAT THE SEC CONSIDERED STEPS UNDERTAKEN BY TPG CAPITAL, PRIOR TO AND AFTER BEING APPROACHED BY THE SEC STAFF, AS
WELL AS THE COOPERATION AFFORDED THE SEC STAFF. PRIOR TO THE ACTION REFERENCED IN THE ORDER, CERTAIN POLICIES AND PROCEDURES TO
WHICH TPG CAPITAL'S PERSONNEL WERE SUBJECT CONCERNING THE USE OF APPROVED COMMUNICATIONS METHODS, INCLUDING ON PERSONAL
DEVICES, WERE ENHANCED.
8.
Current Status?      
 Pending
 On Appeal
 Final
9.
If on appeal, regulatory action appealed to (SEC, SRO, Federal or State Court) and Date Appeal Filed:
If Final or On Appeal, complete all items below. For Pending Actions, complete Item 13 only.
10. How was matter resolved:
Settled
11. Resolution Date (MM/DD/YYYY):
01/13/2025
 Exact
 Explanation
If not exact, provide explanation:
12. Resolution Detail:
A.  Were any of the following Sanctions Ordered (check all appropriate items)?
 Monetary/Fine Amount: $ 8,500,000.00
 Revocation/Expulsion/Denial
 Disgorgement/Restitution
 Censure
 Cease and Desist/Injunction
 Bar
 Suspension
B.
Other Sanctions Ordered:
Sanction detail: if suspended, enjoined or barred, provide duration including start date and capacities affected (General Securities Principal,
Financial Operations Principal, etc.). If requalification by exam/retraining was a condition of the sanction, provide length of time given to
requalify/retrain, type of exam required and whether condition has been satisfied. If disposition resulted in a fine, penalty, restitution,

disgorgement or monetary compensation, provide total amount, portion levied against you or an advisory affiliate, date paid and if any portion
of penalty was waived: 
TPG GLOBAL, LLC PAID A FINE OF $8,500,000 ON 1/16/2025. NO PORTION OF THE PENALTY WAS WAIVED.
13. Provide a brief summary of details related to the action status and (or) disposition and include relevant terms, conditions and dates (your response
must fit within the space provided).
THE SEC ADMINISTRATIVE ORDER IS FINAL. THE CIVIL PENALTY HAS BEEN PAID. UNDER THE ORDER, TPG CAPITAL SHALL REQUIRE THAT ITS INTERNAL
AUDIT FUNCTION INITIATE SEPARATE AUDIT(S), TO BE COMPLETED WITHIN 365 DAYS OF THE ENTRY OF THE ORDER, REVIEWING AND ASSESSING
RELEVANT POLICIES AND PROCEDURES, TRAINING AND OTHER RELEVANT MEASURES SUCH AS TECHNOLOGICAL SOLUTIONS, AND TPG CAPITAL SHALL
MAINTAIN RECORDS AND CERTIFY TO THE SEC STAFF REGARDING COMPLIANCE WITH THIS REQUIREMENT.