{"id":69495,"date":"2025-12-13T03:01:06","date_gmt":"2025-12-13T03:01:06","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/69495\/"},"modified":"2025-12-13T03:01:06","modified_gmt":"2025-12-13T03:01:06","slug":"tpg-takes-600-million-hit-on-eyebrow-queen-cosmetics-bet","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/69495\/","title":{"rendered":"TPG Takes $600 Million Hit on \u2018Eyebrow Queen\u2019 Cosmetics Bet"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\"><a href=\"https:\/\/www.bloomberg.com\/quote\/TPG:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">TPG Inc.<\/a> exited most of its stake in <a href=\"https:\/\/www.bloomberg.com\/quote\/1629017D:US\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Anastasia Beverly Hills<\/a> as part of a debt restructuring, largely wiping out the private equity firm\u2019s $600 million investment in the cosmetics company, according to people familiar with the matter. <\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody___5jDr\" data-component=\"paragraph\">TPG purchased about 38% of the beauty company from its founders in 2018, in a deal that was financed with a combination of debt taken on by Anastasia and preferred shares bought by TPG.<\/p>\n","protected":false},"excerpt":{"rendered":"TPG Inc. exited most of its stake in Anastasia Beverly Hills as part of a debt restructuring, largely&hellip;\n","protected":false},"author":2,"featured_media":69496,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[8569,19167,35978,8411,35980,30060,1722,35979,9,24,63,1653,122,124,123,35977],"class_list":["post-69495","post","type-post","status-publish","format-standard","has-post-thumbnail","category-queens","tag-august","tag-beverly-hills","tag-capital-structure","tag-debt","tag-dillards-inc-cl-a","tag-macys-inc","tag-markets","tag-moodys-corp","tag-new-york","tag-new-york-city","tag-nyc","tag-private-equity","tag-queens","tag-queens-headlines","tag-queens-news","tag-tpg-inc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/69495","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=69495"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/69495\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/69496"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=69495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=69495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=69495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}