TPG has disclosed £44 million ($59 million) in exposure to Market Financial Solutions (MFS), the collapsed UK lender, according to an emailed statement. The private equity firm revealed the exposure as part of its ongoing portfolio review following MFS's recent financial troubles.

MFS, a specialist property finance provider, faced significant challenges that led to its collapse, raising concerns about contagion effects across the UK lending sector. TPG's disclosure comes amid heightened scrutiny of alternative lenders and their interconnectedness with institutional investors. The £44 million exposure represents a material portion of TPG's UK investments.

The revelation underscores the risks facing private equity firms with exposure to distressed alternative lenders. Market participants are closely monitoring the fallout from MFS's collapse, particularly regarding potential ripple effects on other property finance providers and their institutional backers.