Based on the WSO Dataset, TPG's Rise funds, specifically Rise I and Rise II, have shown varied performance. Rise I is positioned in the third quartile, potentially sneaking into the second depending on the benchmark. Rise II is still in the early stages of its investment cycle (j-curve) with only a few notable markups, which makes its performance appear less favorable from a quartile perspective.
Regarding the culture and work-life balance (WLB), insights from TPG associates suggest a generally positive culture where colleagues form genuine friendships, senior staff are approachable, and there is a smart team of VPs. The work environment does not heavily emphasize face time, and associates benefit from perks like free meals and transportation. However, like many in the industry, the workload can be intense, especially when dealing with live deals.
Compensation at TPG is considered competitive, with one report mentioning first-year all-in cash compensation around $300K, which is above market rate.
These insights should give you a comprehensive view of the TPG Rise platform in terms of performance, culture, work-life balance, and compensation.
The general Rise fund has been eclipsed by Rise Climate. Rise performance isn’t that great, they struggled a bit raising the third fund and it seems like TPG leadership are all in on climate vs. general impact. Culture seems pretty good though.
If you’re interested in impact investing, I’d focus on the climate fund. They’re currently raising a $10bn second climate fund so I’d assume will be hiring at some point.
This is true but they fall under the same platform so the original fund has kind of piggybacked off of climate. This means significantly better WLB and equal pay.
Iusto exercitationem non reprehenderit provident. Ea ut laborum eius eligendi. Inventore totam placeat eos perspiciatis.
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Based on the WSO Dataset, TPG's Rise funds, specifically Rise I and Rise II, have shown varied performance. Rise I is positioned in the third quartile, potentially sneaking into the second depending on the benchmark. Rise II is still in the early stages of its investment cycle (j-curve) with only a few notable markups, which makes its performance appear less favorable from a quartile perspective.
Regarding the culture and work-life balance (WLB), insights from TPG associates suggest a generally positive culture where colleagues form genuine friendships, senior staff are approachable, and there is a smart team of VPs. The work environment does not heavily emphasize face time, and associates benefit from perks like free meals and transportation. However, like many in the industry, the workload can be intense, especially when dealing with live deals.
Compensation at TPG is considered competitive, with one report mentioning first-year all-in cash compensation around $300K, which is above market rate.
These insights should give you a comprehensive view of the TPG Rise platform in terms of performance, culture, work-life balance, and compensation.
Sources: TPG Growth/Impact insight? Culture/comp/hours?, Thoughts on TPG?, Intel on TPG Capital, TPG London | TPG Rise Climate
Bump.
I've seen they're hiring, I've also heard the fund performance could be subpar.
Fund performance is sub-par
The general Rise fund has been eclipsed by Rise Climate. Rise performance isn’t that great, they struggled a bit raising the third fund and it seems like TPG leadership are all in on climate vs. general impact. Culture seems pretty good though.
If you’re interested in impact investing, I’d focus on the climate fund. They’re currently raising a $10bn second climate fund so I’d assume will be hiring at some point.
This is true but they fall under the same platform so the original fund has kind of piggybacked off of climate. This means significantly better WLB and equal pay.
Iusto exercitationem non reprehenderit provident. Ea ut laborum eius eligendi. Inventore totam placeat eos perspiciatis.
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