Weil is advising TPG with respect to certain corporate and regulatory matters in its long-term strategic partnership with Jackson Financial Inc., with a minimum commitment of $12 billion of AUM and strong economic incentives aligned to a long-term target of $20 billion. The parties have also signed a definitive investment agreement for the acquisition of Jackson common stock by TPG and issuance of TPG common stock to Jackson, creating strong economic alignment between both parties. Under the terms of the agreement, TPG will acquire a $500 million equity stake in Jackson Financial Inc. The transaction is subject to customary closing conditions and is anticipated to close in the first quarter of 2026.

The Weil is led by Private Equity partner Brian Parness and includes Private Equity associates Cruz Wiles and Ayush Gulati; U.S. Antitrust Co-Head Brianne Kucerik, counsel Carla Hine and associate Mia Smutny; and Capital Markets Co-Head Michael Hickey, partner Michael Stein and associate Stefan Tsourovakas.