TPG RE Finance Trust, Inc., together with its consolidated subsidiaries, is a Maryland corporation incorporated on October 24, 2014 and commenced operations on December 18, 2014. The Company is a commercial real estate finance company and is externally managed by TPG RE Finance Trust Management, L.P., an affiliate of TPG. The Company is a holding company and operates primarily through TPG RE Finance Trust Holdco, LLC (" Holdco "), a wholly owned Delaware limited liability company, and direct and indirect subsidiaries of Holdco. The company's main business activities are the direct origination and acquisition of a diversified portfolio of commercial real estate related assets, mainly including first mortgage loans and preferred participating interests in first mortgage loans, which are secured by institutional quality assets in the primary and specific secondary markets in the United States.
