TPG advancing tech investment globally
TPG Growth, the middle market and growth equity investment platform of global alternative asset firm TPG, has named Shailesh Rao as Head of TPG Growth and The Rise Fund for India and Southeast Asia.
Rao has been serving as a Senior Advisor to TPG Growth and The Rise Fund since October 2017 and will assume this newly created role beginning September 15.
“TPG Growth and The Rise Fund have assembled a dynamic global portfolio—from companies focused on energy-saving solutions to fast-growing consumer internet platforms,” said Bill McGlashan, Founder and Managing Partner of TPG Growth and Co-Founder and CEO of The Rise Fund.
“As we continue to build businesses with leaders across India and Southeast Asia, Shailesh’s regional expertise and global operating experience will be invaluable. In addition to sourcing new regional opportunities, we look forward to advancing our technology investment activity worldwide with the help of Shailesh’s connections in the technology sector,” he said.
Rao has nearly 20 years of experience spanning some of today’s most renowned technology companies.
Prior to joining TPG as a Senior Advisor, Rao spent four years leading international operations at Twitter. During that time, Rao helped the company significantly expand its presence, revenue, and user-base beyond the US to Latin America, Europe, Asia and the Middle East/North Africa.
Prior to joining Twitter, Rao spent over seven years at Google as a Vice President, leading YouTube in Asia. Prior to that, he was the Managing Director for Google India.
“I am looking forward to joining a world class team and to accelerating the great work they have done to-date,” said Rao. “Leveraging my operating experience from Google and Twitter, I see tremendous opportunity to work with founders and business leaders to scale their businesses across and beyond Asia.”
In his role leading TPG’s growth and impact investing platforms in the region, Rao will work closely with Puneet Bhatia and Ganen Sarvananthan —who continue to serve as co-managing partners of TPG Capital Asia—to provide leadership to TPG’s growing activities in the region.
Shailesh will join the Boards of BookMyShow and Fourth Energy Partners upon joining the firm.
TPG is a leading global alternative asset firm founded in 1992 with more than US$84 billion of assets under management and offices in Austin, Beijing, Boston, Dallas, Fort Worth, Hong Kong, Houston, London, Luxembourg, Melbourne, Moscow, Mumbai, New York, San Francisco, Seoul, and Singapore.
TPG Growth is the middle market and growth equity investment platform of TPG, the global alternative asset firm.
The Rise Fund is the world’s largest global fund committed to achieving measurable, positive social and environmental outcomes alongside competitive financial returns —what we call “complete returns.” The Rise Fund is managed by TPG Growth, the global growth equity and middle market buyout platform of alternative asset firm TPG. fiinews.com