STOCK TITAN

Peter Munzig joins TPG as Partner

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

TPG Capital has appointed Peter Munzig as Partner and Head of Business Services. Munzig, with 17 years at General Atlantic, will oversee investment activities in technology-enabled services that enhance enterprise outcomes globally. His prior experience includes investment banking at Goldman Sachs. TPG, founded in 1992, manages $127 billion in assets and invests across five sectors, including business services. Munzig's expertise is expected to bolster TPG's investment strategy in a rapidly evolving market.

Positive
  • Appointment of Peter Munzig as Head of Business Services expected to enhance investment strategy.
  • TPG Capital's strong asset management with $127 billion in assets under management.
  • Focus on technology-enabled services aligns with market trends for enterprise solutions.
Negative
  • None.

Munzig to Lead Business Services Investing for TPG Capital

SAN FRANCISCO & FORT WORTH, Texas--(BUSINESS WIRE)-- TPG, a global alternative asset management firm, announced today the appointment of Peter Munzig as a Partner and Head of Business Services for TPG Capital, the firm’s private equity platform. In his role, Munzig will lead TPG Capital’s investment activity and portfolio management in the business services sector.

“Peter’s broad experience investing in and advising companies across industries makes him an excellent fit to lead our business services strategy, which focuses on partnering with leading technology-enabled services businesses that are delivering increasingly critical outcomes for enterprises globally,” said Nehal Raj, Co-Managing Partner of TPG Capital. “His appointment highlights TPG Capital’s ongoing commitment to developing deep expertise in our core sectors, and we’re confident his leadership and insight will allow us to expand our investing efforts in the space.”

Munzig joins TPG following 17 years with General Atlantic, where he most recently served as Managing Director and Head of their Palo Alto office, responsible for the firm’s B2B investing efforts. At General Atlantic, Munzig led and managed investments in outsourced services, technology-enabled services, information services, and software across a range of industries and end markets. Prior to joining General Atlantic, Munzig was an investment banker with Goldman Sachs, where he advised clients in the technology, industrial, and consumer sectors on a range of M&A and corporate finance transactions.

“This is a dynamic time to be partnering with growth-oriented companies that are disrupting traditional services models through technology, innovation, and IP across HR, IT services, financial services, and numerous other industries,” said Munzig. “I believe TPG’s highly thematic investment strategy and focus on partnership with entrepreneurs and management teams position us well to capitalize on a growing set of opportunities, and I look forward to working with TPG’s talented business services team to support and scale important companies in the space.”

TPG Capital invests across five core sectors including healthcare; software and enterprise technology; internet, digital media, and communications; consumer; and business services. The business services sector provides a broad opportunity for the team to deploy its operational capabilities and growth strategies to critical service providers across a range of industries. Select TPG Capital investments in business services companies have included Transplace, Cushman & Wakefield, CCC Information Services, IMS Health, CAA, Entertainment Partners, LPL, The Warranty Group, and Troon, among others.

Munzig earned his MBA from Stanford Graduate School of Business, and earned his BA from Stanford University, where he graduated with honors. He currently serves on the board of the Foundation for Lucile Packard Children’s Hospital Stanford and is a Trustee of The Thacher School.

About TPG

TPG is a leading global alternative asset management firm founded in San Francisco in 1992 with $127 billion of assets under management and investment and operational teams in 12 offices globally. TPG invests across five multi-product platforms: Capital, Growth, Impact, Real Estate, and Market Solutions and our unique strategy is driven by collaboration, innovation, and inclusion. Our teams combine deep product and sector experience with broad capabilities and expertise to develop differentiated insights and add value for our fund investors, portfolio companies, management teams, and communities. For more information, visit www.tpg.com or @TPG on Twitter.

Media Contact

Leslie Shribman and Courtney Power

415-743-1550

media@tpg.com

Source: TPG

FAQ

Who is Peter Munzig and what is his role at TPG?

Peter Munzig has been appointed as Partner and Head of Business Services at TPG Capital, overseeing investment in technology-enabled services.

What are TPG Capital's assets under management?

TPG Capital has $127 billion in assets under management.

What sectors does TPG Capital invest in?

TPG Capital invests across five core sectors: healthcare, software, digital media, consumer, and business services.

What experience does Peter Munzig bring to TPG?

Peter Munzig has 17 years of experience at General Atlantic, focusing on B2B investing and advisory roles in various sectors.

What is TPG Capital's investment strategy?

TPG Capital focuses on partnering with technology-enabled services businesses that drive critical outcomes for enterprises.

TPG Inc.

NASDAQ:TPG

TPG Rankings

TPG Latest News

TPG Stock Data

7.11B
86.87M
8.8%
81.39%
5.07%
Asset Management
Investment Advice
Link
United States of America
FORT WORTH