Private equity

TPG bulks up in SEAsia with hire from KKR

TPG is adjusting its line-up of professionals as it deploys its $4.6 billion Asian fund. David Tan’s move is a rare switch between US buyout giants.

David Tan will join TPG as a managing director based in Singapore covering Southeast Asia, moving from rival buyout firm KKR, TPG said in a statement on Monday.

Tan is not replacing anyone at the firm. He will work closely with Ganen Sarvananthan, co-managing partner of TPG Capital Asia, and Dominic Picone, a partner at TPG Capital Asia the firm’s Asia-focused private equity platform.

Shailesh Rao, who was hired in September, will focus on TPG Growth and Rise funds for India and Southeast Asia, while Tan will concentrate on the deployment of TPG Capital Asia VI which closed at $4.6 billion in February.

...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222