Item 2.02 | Results of Operations and Financial Condition. |
On February 24, 2021, TPG RE Finance Trust, Inc. (the “Company”) issued an earnings release and supplemental financial information presentation announcing its financial results for the quarter and year ended December 31, 2020. Copies of the earnings release and supplemental financial information presentation are attached hereto as Exhibits 99.1 and 99.2, respectively, and are incorporated herein by reference.
The information in Item 2.02 of this Current Report, including Exhibits 99.1 and 99.2, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section. The information in this Current Report shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, or the Exchange Act, unless it is specifically incorporated by reference therein.
Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On February 24, 2021, Greta Guggenheim notified the board of directors (the “Board”) of the Company of her retirement from her role as chief executive officer and director of the Company, effective March 31, 2021.
Matthew Coleman will assume day-to-day responsibility for the Company’s management in his capacity as president, effective immediately. Mr. Coleman, age 44, has served as the Company’s president since July 2020. Mr. Coleman served as vice president of the Company from February 2016 to July 2020. Mr. Coleman is a partner of TPG Global, LLC (“TPG”) and is a partner and the chief operating officer of TPG Real Estate, TPG’s real estate investment platform. Before joining TPG in 2012, Mr. Coleman was a senior vice president of the real estate private equity group at D. E. Shaw & Co., L.P. From 2000 through 2005, Mr. Coleman was an attorney in the New York office of Cravath, Swaine & Moore LLP, where he practiced in the areas of mergers and acquisitions, leveraged finance, and securities. Mr. Coleman graduated summa cum laude from Wake Forest University with a B.A. in Economics and was elected to Phi Beta Kappa. He earned a J.D. from Yale Law School, where he served as an editor of the Yale Law Journal and as the editor-in-chief of the Yale Journal on Regulation. Mr. Coleman currently serves on the boards of directors of Bluegrass Senior Living, Tempore Properties, and Campus Student Housing.
Item 7.01 | Regulation FD Disclosure. |
On February 24, 2021, the Company issued a press release (the “press release”) announcing Ms. Guggenheim’s retirement from her role as chief executive officer and director of the Company, effective March 31, 2021. A copy of the press release is furnished as Exhibit 99.3 to this Current Report on Form 8-K and is hereby incorporated by reference into this Item 7.01.
Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.