CAA PARENT COMPANY, TPG, FILES FOR IPO

Private equity firm TPG, whose holdings include CAA, notified the SEC on Thursday that it intends to go public on the Nasdaq.

TPG's investments span CAA—which acquired ICM in October—and stakes in Univision, DirecTV, Entertainment Partners, Vice Media, Univision and Spotify, among others.

The public filing is part of a trend of IPOs; notably, CAA rival Endeavor recently surged in trading following a botched attempt in 2019 and a proper launch in April 2021.