TPG hires for CPP exec to launch dedicated secondaries business

Michael Woolhouse is joining $79 billion alternative asset firm TPG on Aug. 3 from the Canada Pension Plan Investment Board (CPP Investments) as a partner charged with extending TPG’s presence in the secondary market.

According to the CPP website, the pension plan invested $280 million with TPG Growth in the secondaries program in 2019. Other partners in the secondaries portfolio are: Berhman Capital, Enfoca, Kainos and Prospect Hill Growth Partners.

The newly created role at TPG will center on investment activity in the U.S. and Europe with a primary focus on providing secondary . . .

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