TPG's New Partner

Justin Hibbard

I spoke yesterday with Vivek Paul and Bill McGlashan of private equity firm Texas Pacific Group. Paul his former post as CEO of Wipro Technologies, the Bangalore, India-based tech services company. He's been on the job at TPG for only a week, so he doesn't yet have a lot of concrete plans. But he's making this much clear: "I'm not going to be the India guy at TPG." Obviously, he has connections in India. And he'll work on deals for Newbridge Capital, TPG's Asian affiliate. But TPG already has its own Indian connections, and Paul is based in Silicon Valley. So, he'll mainly be a Valley guy.

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