
TPG Inc's TPG.O shares down 4.7% in extended trading to $47.55 on secondary offering news
Private equity firm says DB Holdings, vehicle for benefit of the estate of David Bonderman, to offload 21 mln shares
JP Morgan sole underwriter for offering
Co has ~363 total shares outstanding for ~$18 bln market cap
Shares on Tues closed down 1.8% at $49.90, down ~21% YTD
TPG, founded in 1992 by the late David Bonderman and James Coulter, went public in Jan 2022 IPO at $29.50