TPG (NASDAQ: TPG), a leading global alternative asset management firm, has announced that its previously established talent-centric entertainment company (the Company) will be named “Initial Group.” Concurrent with this announcement, leading Hollywood literary management firm Grandview has been acquired and will be combined under the banner of Untitled Entertainment (Untitled), the Company’s first investment in June 2024. This transaction significantly bolsters Untitled’s scale and capabilities in literary representation, while empowering the current Grandview team as they join Untitled and the broader Initial Group platform.

Latham & Watkins LLP represented TPG in the transaction with a mergers and acquisitions, and entertainment, sports, and media team led by New York partner Justin Hamill, Century City partner Rick Offsay, and New York counsel Julian Azran, with associates Adam Rosenthal, Rachel Klein, Ashley Lee, and Rebecca Pecora. Advice was also provided on benefits matters by New York partner Erin Murphy, with associates Juliet Rognlie, Anne Bracaglia, and Seokwon Lee; on tax matters by Bay Area partner Katharine Moir, with associate Gregory Conyers; on employment matters by Los Angeles partner Joe Farrell; on intellectual property matters by Los Angeles partner Ghaith Mahmood and San Diego partner Jennifer Barry, with associate Andrew Abokhair; on data privacy matters by Bay Area partner Robert Blamires, with associate Kathryn Parsons-Reponte; on regulatory matters by Washington, D.C. partner Joseph Bargnesi.