TPG

TPG is a global alternative asset manager founded in 1992 and headquartered in New York, New York. The firm specializes in private equity and provides growth capital to companies across various sectors, including consumer, healthcare, business services, internet, digital media, communications, software, and enterprise technology. TPG also engages in impact investing and real estate investments, focusing on innovation and the potential for positive societal impact. With a diverse portfolio of active companies in multiple countries, TPG operates as a Registered Investment Adviser, emphasizing a strategic approach to investment that aligns with its commitment to fostering growth and driving change within its selected industries.

Michael Abel

Partner

Arun Agarwal

Managing Director

Matthew Allessio

Managing Director and Head of Growth and Rise Operations

Mayank Bajpai

Managing Director, TPG Growth and The Rise Fund

Avi Banyasz

Partner

Luke Barrett

Director of External Affairs

Simit Batra

Principal

Edward Beckley

Partner

Puneet Bhatia

MD

James Bishop

Associate

Cindy Black

Managing Director

David Bonderman

Chairman and Founding Partner

Katherine Brooks

Partner

Alastair Bushby

Partner

Joseph Buss

Managing Director, Client and Capital Formation

Jonathan Chan

Principal and Head of Capital Asia Product

Zhengjie Chen

Partner and Head, Asia Pacific and Client, Capital Formation Group

Adrian Chong

Principal

Maya Chorengel

Co-Managing Partner

Jim Coulter

Co-Founder and Founding Partner

Mitesh Daga

Managing Director

Andrew Doyle

Partner

Carlton Ellis

Principal

Christina Fang

Partner, Business Unit and Head of Product

John Flynn

Partner

Charles Froeb

Partner

Michael Fu

Principal

Kendall Garrison

Partner

Todd Gilbert

Firm Partner and Co-Founder and Partner of TPG Public Equity Partners

Ignacio Giraldo

Partner

Paul Hackwell

Partner

Paul Hackwell

Partner

Pamela Hanafi

Principal

Jawad Hasan

Principal and Healthcare Investor

Art Heidrich

Partner

Ben Holzemer

Partner and Global Head of Human Capital

Linna Huang

Principal, TPG Growth

Lucian Iancovici

Partner

Malte Janzarik

Principal

Stephen Kindl

Managing Director

Joseph Konzelmann

Partner and Global Head of Client and Capital Formation Group

Margarita Krivitski

Principal

Dan Lahav

Vice President

Yemi Lalude

Managing Partner and Head of TPG Growth's investments

Jenna Laszlo

Principal and Chief of Staff

Ryan Lavin

Managing Director, Client and Capital Formation

Wei Sheng Lee

Managing Director

Sanghoon Lee

Partner

Zach Levenson

Vice President

Aaron Liu

Principal

Ryan Liu

Principal, TPG Growth

Burke Loeffler

Principal

BJ Loessberg

Business Unit Partner

Kevin Lowry

Managing Director

Julia Maeda

Principal

Steven Mandel

Principal

Sanjeev Mehra

Managing Director

Marc Mezvinsky

Managing Director of TPG Tech Adjacencies Fund

Mark Mirhashemi

Partner, TPG Public Equity Partners

Vivek Mohan

Principal

Vincenzo Morelli

Partner

Peter Munzig

Partner

A. Michael Muscolino

Partner

John Oliver

Partner

Hichem Omezzine

Partner

Frederick Paulenich

Partner

William Peng

Managing Director

Mariana Popa

Business Unit Partner

Akash Pradhan

Vice President

RJ Price

Associate

Nehal Raj

Co-Managing Partner

Kristin Richards

Director

Neal Sangal

Principal

Ganen Sarvananthan

Co-Managing Partner

John Schilling

Partner

Alex Schwartz

Managing Director, Client and Capital Formation

Safwan Shabab

Principal

Todd Sisitsky

President and Co-Managing Partner

Jeff Smith

Partner

Stephen Star

Vice President

Spencer Stenmark

Partner, Capital Markets

Michael Stone

Co-Managing Partner

Yanjun Sun

Partner and Managing Director

David Tan

Managing Director

David Trujillo

Partner

Jerome Vascellaro

Partner

Chalothorn Vashirakovit

Managing Director

Michael Walli

Principal

Gi Kyun Wang

Managing Director, Client and Capital Formation Group

Maxwell Wein

Principal

James Williams

Partner

Katherine Wood

Partner

Emma Zanni

Managing Director

Mike Zappert

Partner

Jason Zhang

Vice President, TPG Capital Asia

Liyang Zhang

Managing Director

Stephen Ellis

Managing Partner

Pamela Pavkov

Partner

Carolyn Ng Ph.D

Partner and Managing Director

Chalothorn Vashirakovit

Managing Director

Past deals in Utilities

Enpal

Venture Round in 2025
Enpal GmbH, founded in 2017 and based in Berlin, Germany, specializes in providing all-in-one renewable energy solutions, including solar panels, battery systems, wallboxes, heat pumps, and energy management systems. The company focuses on making renewable energy accessible and affordable for customers in Germany and Italy through a unique leasing model that requires no upfront payment. This model covers installation, insurance, and maintenance, attracting customers who prefer to avoid high initial investments. Enpal has successfully installed over 60,000 solar photovoltaic systems, becoming the market leader in Germany. The company employs more than 1,000 staff, including over 200 local installer teams, and has opened several satellite offices to enhance customer service. Enpal has received numerous accolades, including awards for sustainability and customer service. In recent years, it has diversified its offerings and introduced a sales option to accommodate customers interested in purchasing their solar solutions. In 2022, Enpal reported revenues exceeding 400 million euros and has been recognized as one of Germany's fastest-growing companies.

Altus Power

Acquisition in 2025
Altus Power is a clean electrification company focused on developing, owning, and operating large-scale solar photovoltaic and energy storage systems throughout the United States. It serves a variety of clients, including commercial, industrial, public sector, and community solar customers. Altus Power's approach involves deploying capital to construct clean energy systems on commercial buildings, properties, schools, and municipal facilities. The electricity generated from these systems is sold to the host entities or utilities at a reduced rate compared to grid prices, allowing hosts to benefit from discounted energy without any upfront investment. Additionally, Altus Power offers long-term agreements that can include leases and revenue contracts for solar power generation, as well as electric vehicle charging and energy storage solutions, contributing to its mission of advancing the clean energy transition.

Enpal

Series D in 2023
Enpal GmbH, founded in 2017 and based in Berlin, Germany, specializes in providing all-in-one renewable energy solutions, including solar panels, battery systems, wallboxes, heat pumps, and energy management systems. The company focuses on making renewable energy accessible and affordable for customers in Germany and Italy through a unique leasing model that requires no upfront payment. This model covers installation, insurance, and maintenance, attracting customers who prefer to avoid high initial investments. Enpal has successfully installed over 60,000 solar photovoltaic systems, becoming the market leader in Germany. The company employs more than 1,000 staff, including over 200 local installer teams, and has opened several satellite offices to enhance customer service. Enpal has received numerous accolades, including awards for sustainability and customer service. In recent years, it has diversified its offerings and introduced a sales option to accommodate customers interested in purchasing their solar solutions. In 2022, Enpal reported revenues exceeding 400 million euros and has been recognized as one of Germany's fastest-growing companies.

Intersect Power

Private Equity Round in 2022
Intersect Power is a clean infrastructure company focused on delivering efficient and scalable low-carbon solutions in the energy and commodity markets. The company specializes in various phases of development, including design, engineering, finance, and operations. Intersect Power has a late-stage pipeline of 3.2 GWDC of solar and storage projects expected to be operational by 2023, alongside an emerging portfolio of other clean infrastructure assets. Additionally, the company has developed and sold over 1.7 GWDC of contracted solar projects in California and Texas, which are now owned and operated by third-party investors. Intersect Power also explores innovative solutions such as green hydrogen and carbon capture, providing clean alternatives to fossil fuels for transportation and chemical processes.

RR Kabel - Top Wire and Cable Manufacturers India

Private Equity Round in 2018
RR Kabel is a manufactures and exports platform that in building wires, appliance wiring materials power.

RCN

Acquisition in 2016
RCN was founded in 1996 and began offering triple play service in Boston. The company expanded tremendously in 1998 through the acquisition of a number of Internet and cable companies. Then, beginning in 2005, management focused on RCNâ€:tm:s strategic Northeast Corridor and Chicago markets, selling non-core assets including its 49% stake in Megacable, the largest cable company in Mexico, as well as its West Coast assets. With close to a decade of experience providing cable TV, Internet and phone service using fiber optics already under its belt, RCN again grew significantly in 2006. First, the company acquired Con Edison Communications (CEC), a subsidiary of Consolidated Edison, Inc., with its own fiber-optic network in New York City. The combination of CEC with RCNâ€:tm:s existing business services capability created the subsidiary RCN Business Solutions. Second, RCN completed a substantial network upgrade, including conversion to a 100% digital network. In 2007, RCN Business Solutions acquired NEON Communications gaining an advanced fiber-optic network stretching across twelve northeastern and Mid-Atlantic states. NEON was a wholesale service provider of high-bandwidth transport services to service providers and Fortune 100 companies. With this acquisition, RCN Business Solutions became RCN Metro Optical Networks, a leading facilities-based provider to medium and large carriers and enterprises in the Northeast, mid-Atlantic and Chicago metro area. RCN entered a new phase in 2008. Now equipped with two business units, Residential and Small Business and RCN Metro Optical Networks, serving three customer segments, the company continues to win customers in its markets. RCN is accelerating its movement to an all-digital video platform, enabling an increase in high-definition availability and improving picture quality to cable TV customers, and is continuing to offer the fastest high-speed Internet available with cable modem speeds that challenge industry standards. RCNâ€:tm:s past success stems from its foresight in acquiring, maintaining and growing its expansive fiber-optic network to serve multiple customer segments with an unwavering commitment to offering premium services with the very best in value. Todayâ€:tm:s RCN is poised for a promising future.

Northern Tier Energy

Private Equity Round in 2010
Northern Tier Energy’s refining business primarily consists of an 89,500 barrels per calendar day (96,500 barrels per stream day) refinery located in St. Paul Park, Minnesota. The St. Paul Park Refinery has a complexity index of 11.5, which refers to the ability of a refinery to produce finished products based on its investment intensity and cost relative to other refineries. The refinery’s complexity allows it to process a variety of light, heavy, sweet and sour crudes into higher value refined products.

Copano Energy

Series A in 2010
Copano Energy, L.L.C. is a national distributor and supplier of natural gas in the United States. The company operates an extensive network of over 6,800 miles of natural gas transmission pipelines and has a processing capacity of 2.7 billion cubic feet. With ten natural gas plants, Copano Energy is equipped to process an additional billion cubic feet of natural gas. The company serves various states, including Texas, Oklahoma, and Wyoming, and provides essential midstream services to natural gas producers. These services encompass natural gas gathering, compression, dehydration, treating, transportation, processing, conditioning, and fractionation of natural gas liquids, thereby supporting the overall efficiency and reliability of the natural gas supply chain.

Portland General Electric

Acquisition in 2003
Portland General Electric Company is a regulated electric utility based in Portland, Oregon, serving approximately 895,000 customers across 51 cities. Established in 1889, it provides comprehensive services including the generation, transmission, distribution, and retail sale of electricity. The company operates a diverse energy portfolio with seven thermal plants, seven hydroelectric plants, and two wind farms, totaling 3.5 gigawatts of generation capacity. Its extensive electric transmission system consists of 1,264 circuit miles, complemented by 27,755 circuit miles of distribution lines. In addition to its electric services, Portland General Electric also engages in the wholesale purchase and sale of natural gas across the United States and Canada. With a commitment to renewable energy and community involvement, the company aims to deliver reliable and affordable energy while reflecting the values of its customers.

Advanced Telecom Group

Private Equity Round in 1999
Advanced Telecom Group is a telecommunications service provider based in Washington. The company offers services related to telephone and voice mail systems installations, service, and repair. It also offers voice, data, fiber, and video cabling services.
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