TPG Seeks Chairman for Asian Operations

Private equity firm TPG Capital is looking to hire a chairman for its Asian operations, Reuters reported, citing an article by Bloomberg. The firm seeks a Chinese speaker, and has already held discussions with several candidates, Reuters wrote.

(Reuters) – U.S. private equity firm TPG Capital LP is seeking a chairman for its Asian operations to help it compete for investments in China, Bloomberg reported, citing three people with knowledge of the matter.

TPG is looking to hire a Chinese speaker and has held discussions with several candidates, the people told the agency.

TPG declined to comment to Bloomberg. The buyout firm could not immediately be reached by Reuters for comment outside regular U.S. business hours.

(Reporting by Sakthi Prasad in Bangalore; Editing by Vinu Pilakkott)