TPG Capital is offering investors discounts on management fees as it tries to raise a $10 billion buyout fund after investing in soured deals including TXU Corp. and Washington Mutual Inc.

Investors that commit to TPG Partners VII LP could get as much as a 25 percent reduction on fees, depending on the amount committed and whether they participate in the first round of capital raising, according to an offering document obtained by Bloomberg News.

Keep reading at Bloomberg BusinessWeek.

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