TPG hired Matt Jones as co-managing partner of TPG GP Solutions, the $109 billion firm’s U.S. and European Secondaries business.
Jones will be based in London and oversee secondaries activity in partnership with Toronto-based Michael Woolhouse, who joined TPG in 2020 from CPP Investments.
“We’ve seen a proliferation of private markets activity in the U.S. and Europe that has created a significant need for sophisticated liquidity solutions, particularly at the GP level,” said Woolhouse in a statement. “We are purposefully building TGS to meet this specific and growing demand . . .
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