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TPG Scolded for ‘Stunning’ Lack of Diversity by Pension Official

  • Big investors are starting to question firms run by white men
  • Co-CEO Jim Coulter says industry needs more women partners
Bloomberg business news
TPG Called Out for Lack of Diversity by Pension Official

Jim Coulter, the billionaire co-founder of the giant private equity firm TPG, was in a Portland suburb with one of his largest clients when he got some tough questions.

The hot-button issue: a lack of diversity at the buyout firm.