Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
TPGthis companyTPG Inc.	$48.68	48×	7.48×	1.9×	27.31×	-66.6%	96.9%	14.7%	4.0%	15.6%	7.6%	11.3%	1.45×	1.08×	6.11×	0.15×	13.9%	5	1.64	3	B+
APOApollo Global Management, Inc.	$121.93	25.94×	3.77×	2.75×	9.69×	351.1%	95.5%	25.8%	10.9%	15.0%	5.2%	8.5%	0.57×	-0.69×	22.32×	0.78×	1.5%	6	0.28	2	C
ARESAres Management Corporation	$139.64	82.46×	8.22×	5.43×	28.68×	-41.6%	74.8%	27.2%	8.2%	12.3%	5.1%	9.1%	3.49×	5.84×	2.3×	2.24×	5.0%	5	1.52	1	D+
BXBlackstone Inc.	$124.35	39.73×	13.89×	8.7×	27.06×	-64.8%	86.0%	51.9%	21.8%	34.8%	13.6%	1.4%	1.54×	1.48×	14.12×	0.91×	5.0%	6	3.83	3	B
CGThe Carlyle Group Inc.	$41.90	26.27×	3.69×	4.34×	21.66×	-28.5%	65.9%	26.2%	16.5%	14.0%	3.6%	6.4%	2.41×	7.25×	10.35×	15.72×	2.4%	3	0.59	2	C+
HLNEHamilton Lane Incorporated	$94.54	16.59×	4.03×	4.86×	7.55×	-40.8%	69.9%	42.8%	32.8%	27.2%	13.9%	12.3%	0.39×	-0.02×	21.73×	1.62×	3.8%	7	5.06	4	A-
Peer median	—	26.27×	4.03×	4.86×	21.66×	-40.8%	74.8%	27.2%	16.5%	15.0%	5.2%	8.5%	1.54×	1.48×	14.12×	1.62×	3.8%	6	1.52	2	—