About TPG
TPG is a leadingglobal alternative asset management firm, founded in San Francisco in 1992, with $303 billionof assets under management and investment and operational teams around the world. TPG invests across a broadly diversified set of strategies, including private equity, impact, credit, 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.
TPG’s successdepends on our people, and we buildand sustain our world-class team by creatingan inclusive, supportive culture within the firm that seeks excellence and encourages humility and transparency. The quality of our investments and our ability to build great companies depend on the originality of our insights. Reaching our firm’s full potential means supporting every team member to bring the fullness of their unique perspective to their work and to our community. We are committed to a diverse, equitable, and inclusive workplace to foster diversity of thought and reflect the breadth of our limited partners and portfolio companies.
Description of Position
The role will work closelyalongside senior professionals on the CapitalMarkets team to build the TPG’s BrokerDealer (see Market Solutionssections of TPG’spublic documents) and execute transactions. TPG Broker Dealer(BD) is the investment banking arm for Capital Marketsand a critical piece of the firm’sinfrastructure to deliverdifferentiated financing solutions to our portfolio companiesand drive alpha within our funds. This position will work acrossdeal activity and work directly with the head of Capital Markets,Spencer Stenmark, as well as TPG’s ExecutiveOffice and other members firm leadership in adding capabilities to the broker deal and ensuring AI integration as well as updating the overall tech stack. While leveraged finance remainsthe primary productwithin TPG’s BD, this role will have exposure across the productofferings: Lev Fin, Equity, Real Assets / Securitizations, and Real Estate.
Principal Responsibilities
- Deal Pre-Signing / Deal Execution (66%)
- Develop new deal leverage reads for deal teams
- Construct financing processesand associated timelinesfor deal execution
- Identify target lender/ investor bases
- Lead initial lender / investoroutreach
- Provide product expertisefor deal teams (e.g. guidanceon marketing materials (RAP, LP, etc.), lender models, etc.)
- Work with seniorCap Markets professionals on structuring and negotiation of financing grid and commitment papers
- Business Development (33%)
- Redeveloping the BD’s tech stack with a focus on the integration of AI
- Integrating AI into the Cap Markets workflowacross products and geographies
- BD budgeting process(i.e. revenue by product and platform)
- Re-imagining the BD’s pipeline trackers
- Articulatingthe BD’s and TPG’s broaderwallet and portfolio activity
- Reporting BD activityfor Executive Officeconsumption
- Cross platformcoordination of BD capabilities
- Developing / refiningprocesses to targetopportunistic transactions
Requirements
- At least 2+ years of relevant investment banking experiences (e.g. leveraged finance, financial sponsors, liability management, credit) or similar experience at a major direct lender / credit fund
- Interest in AI and technology
- Interest in Business Development and how Alternative Asset Managers are valued
- Self-motivated and proactive
- Strong organizational, process management skills, and an acute attention to detail while working on multiple, time sensitive projects simultaneously
- Experience and desire to use and innovate with AI language models (e.g. Gemini, Claude, ChatGPT)
It is expected that the annual base salary for this role will be $115,000 - $130,000. Base salary is one component of TPG’s competitive total rewards package which typically includes discretionary compensation, comprehensive health benefits, and paid time off. Other incentives may also be available to certain eligible employees.
TPG is an equal employment opportunity employer that provides equal employment opportunities to all employees and applicants without regardto age, race, religion, color, national origin,ancestry, sex, sexual orientation, gender(including gender identity and expression), alienage or citizenship status, military or veteran status, physical or mental disability, medical condition, genetic information, pregnancy status, breastfeeding (or related medical conditions), familial status, caregiver status, or any other category protected by applicable federal, state, or local laws.
