TPG Growth, the middle market and growth equity investment platform of global private investment firm TPG, has reached a final close for TPG Growth Fund III with more than US$3 billion in capital commitments. The fund, which surpassed its initial target of US$2.75 billion, has an investor base including public and private pension funds, foundations and endowments, insurance companies and high net worth individuals. TPG Growth pursues selective investments in companies in a broad range of industries, with a significant focus on large emerging markets such as China and India.