News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

TPG cashes in with Burger King

Texas Pacific Group is selling shares in US fast food chain Burger King after profiting from the disposal of some of its stake in clothing retailer J.Crew earlier this month.

Texas Pacific Group, Bain Capital Partners and the Goldman Sachs Funds have filed with the US Securities and Exchange Commission to sell 20 million Burger King shares. The private equity backers did not sell any stock when they floated the company last year. Burger King will not sell any shares in the offering.

WSJ Logo