TPG Expands Board of Directors
15 Dezember 2023 - 1:55PM
Business Wire
TPG Inc. (NASDAQ: TPG), a leading global alternative asset
management firm, announced today that Nehal Raj, Jeffrey Rhodes,
and Josh Baumgarten have joined the firm’s Board of Directors. Raj
and Rhodes serve as Co-Managing Partners of TPG Capital, the firm’s
U.S. and European private equity business, and Baumgarten, as
Co-Managing Partner of TPG Angelo Gordon, the firm’s diversified
credit and real estate investing platform.
“On behalf of the board and leadership team, we are pleased to
welcome Nehal, Jeff, and Josh to the TPG board,” said Jon
Winkelried, CEO of TPG. “Nehal, Jeff, and Josh are some of our
firm’s most accomplished leaders, each with a long track record of
building and scaling businesses, managing and growing teams, and
creating significant value for our limited partners and
shareholders.”
Raj and Rhodes have been with the firm for nearly 20 years and
have been instrumental in building TPG’s market-leading sector
franchises in software and enterprise technology, and healthcare,
respectively. They assumed the role of Co-Managing Partners of TPG
Capital in 2021 and have been strong contributors to fundraising
and business-building at the firm. Baumgarten brings more than 20
years of experience in credit investing, business-building, and
firm management to the TPG board. Prior to TPG’s acquisition of
Angelo Gordon, he served as Co-CEO of the firm and led its credit
business.
“Nehal, Jeff, and Josh are talented leaders who embody the best
of TPG – our culture of investment excellence, focus on
partnership, and commitment to innovation,” said Jim Coulter,
Co-Founder and Executive Chairman of TPG. “Their insights,
judgment, and deep understanding of industry make them great
additions to the board.”
The expanded board reflects the breadth of TPG’s platform
following the recent closing of the Angelo Gordon acquisition,
which today spans a broadly diversified set of investment
strategies including private equity, impact, credit, real estate,
and market solutions.
About TPG
TPG is a leading global alternative asset management firm,
founded in San Francisco in 1992, with $212 billion of assets under
management and investment and operational teams around the world.
TPG invests across a broadly diversified set of strategies,
including private equity, impact, credit, real estate, and market
solutions, and our unique strategy is driven by collaboration,
innovation, and inclusion. Our teams combine deep product and
sector experience with broad capabilities and expertise to develop
differentiated insights and add value for our fund investors,
portfolio companies, management teams, and communities.
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version on businesswire.com: https://www.businesswire.com/news/home/20231214577110/en/
Shareholder: Gary Stein 212-601-4750 shareholders@tpg.com
Media: Luke Barrett 415-743-1550 media@tpg.com
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