TPG promoted Joseph Konzelmann to global head of the client and capital formation group. Konzelmann joined the firm earlier this year as partner after 13 years at Goldman Sachs. TPG Partner Stephen Bamford will take over the firm’s fundraising efforts in Europe and Israel.
TPG, a global alternative asset firm, announced today that Joseph Konzelmann has been promoted to Global Head of the TPG Client and Capital Formation Group. The newly formed group will partner with TPG’s clients to deliver investment solutions and market-leading insights from across the TPG investment platform and broader ecosystem. In this role, Konzelmann will oversee the firm’s capital formation strategy, including the firm’s fundraising function. Konzelmann joined TPG earlier this year as a Firm Partner and will continue to be based in New York.
TPG Partner Stephen Bamford will assume new responsibilities to lead the firm’s Fundraising efforts in Europe and Israel. Bamford will continue coverage of clients in Asia, and spend time further developing the firm’s reach in Japan, Korea, and Australia.
“Client service is at the core of our business and we are focused on delivering the best of our platform to our clients. This group will allow us to better serve our investors and enhance our connectivity and accessibility to the markets in which they operate,” said Jim Coulter, Co-Founder and Co-CEO of TPG.
“We look forward to bringing differentiated ideas and investment solutions to our partners; it’s an honor to step into this new role,” said Konzelmann.
In addition to leading the team globally, Konzelmann will continue to cover key accounts across all regions. Konzelmann joined TPG after 13 years at Goldman Sachs, where he had most recently served as Managing Director and Senior Sovereigns Strategist for Goldman Sachs Asset Management, responsible for capital raising and advising clients on portfolios, markets, and geopolitics. Prior to Goldman Sachs, Konzelmann served in the U.S. Central Intelligence Agency and on the Joint Iraq Economic Task Force. In 2019 he was named a Young Global Leader by the World Economic Forum.
TPG is a leading global alternative asset firm founded in 1992 with approximately $83 billion of assets under management and offices in Austin, Beijing, Fort Worth, Hong Kong, London, Luxembourg, Melbourne, Moscow, Mumbai, New York, San Francisco, Seoul, Singapore, and Washington, DC. TPG’s investment platforms are across a wide range of asset classes, including private equity, growth equity, impact investing, real estate, and public equity. TPG aims to build dynamic products and options for its investors while also instituting discipline and operational excellence across the investment strategy and performance of its portfolio. For more information, visit www.tpg.com on Twitter @TPG.