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.
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