TPG Starts Program to Back and Train More Diverse Fund Managers
- Will focus on managers who are women, people of color, LGBTQ+
- Ex-NBA star Childress’s real estate firm signs on with TPG
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Private equity firm TPG is stepping up its diversity efforts with a plan to back more fund managers who are women, people of color and LGBTQ+.
With a new program called TPG Next, the San Francisco-based firm will buy stakes in such managers and have the emerging firms’ executives work side-by-side with TPG leaders, co-Chief Executive Officer Jon Winkelried said in an interview.