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Head of TPG NEXT explains why VC is so important to its strategy - PEI Private Equity

Reported by Private Equity International
Jan 12, 2023· 2 min read
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Key Takeaways
  • • TPG NEXT, the emerging-manager and venture-focused vehicle of TPG, is in active dialogue with hundreds of managers and is "hopeful that we'll be able to consummate a handful of those relationships this year," according to fund head Pamela Pavkov.
  • • Pavkov spoke with Venture Capital Journal, in an interview published January 12, 2023, about the role venture capital plays in the TPG NEXT strategy.
  • • The interview is positioned around diversity and emerging managers, a theme the publication highlights in its coverage of the program.
Summary
TPG NEXT, the platform TPG uses to back emerging and diverse fund managers, is currently in active dialogue with hundreds of managers, according to Pamela Pavkov, head of the fund. In an interview with Venture Capital Journal, published January 12, 2023, Pavkov said the firm is "hopeful that we'll be able to consummate a handful of those relationships this year," signaling a selective approach despite the large volume of conversations under way.

The article, written by David Bogoslaw and reported as a PEI Private Equity story, centers on why venture capital is important to the TPG NEXT strategy. The piece is tagged under investors, managers, North America, diversity, and emerging managers, reflecting the program's focus on backing newer managers in the U.S. market.

The primary source available for this summary is limited to the publisher's headline, introduction, and early interview excerpt. Further detail on the specific rationale Pavkov provides for the venture allocation, target commitment sizes, or the number of relationships expected to close is not present in the source material reviewed.

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Sources

1 outlet

AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Private Equity International Head of TPG NEXT explains why VC is so important to its strategy - PEI Private Equity