TPG Newbridge was a private equity firm that primarily invests in companies based in Asia. The firm was originally formed as a joint venture between TPG, Blum Capital, and ACON Investments. The firm focused on investments in emerging markets, especially in Asia and Latin America but later ceased fundraising new Latin American funds in order to focus on Asian investments. Blum Capital and ACON Investments subsequently ceased their participation in the joint venture and in late 2006 TPG Newbridge was fully integrated into TPG's primary investment operations.