Market Overview

Shailesh Rao to Lead TPG Growth and The Rise Fund in India and Southeast Asia


Experienced Technology Executive to Accelerate Investing in Key

TPG Growth, the middle market and growth equity investment platform of
global alternative asset firm TPG, announced today that it has named
Shailesh Rao Head of TPG Growth and The Rise Fund for India and
Southeast Asia. Rao has been serving as a Senior Advisor to TPG Growth
and The Rise Fund since October 2017 and will assume this newly created
role beginning September 15.

"TPG Growth and The Rise Fund have assembled a dynamic global
portfolio—from companies focused on energy-saving solutions to
fast-growing consumer internet platforms," said Bill McGlashan, Founder
and Managing Partner of TPG Growth and Co-Founder and CEO of The Rise
Fund. "As we continue to build businesses with leaders across India and
Southeast Asia, Shailesh's regional expertise and global operating
experience will be invaluable. In addition to sourcing new regional
opportunities, we look forward to advancing our technology investment
activity worldwide with the help of Shailesh's connections in the
technology sector."

Rao has nearly 20 years of experience spanning some of today's most
renowned technology companies.

Prior to joining TPG as a Senior Advisor, Rao spent four years leading
international operations at Twitter. During that time, Rao helped the
company significantly expand its presence, revenue, and user-base beyond
the US to Latin America, Europe, Asia and the Middle East/North Africa.
Prior to joining Twitter, Rao spent over seven years at Google as a Vice
President, leading YouTube in Asia. Prior to that, he was the Managing
Director for Google India.

"I am looking forward to joining a world class team and to accelerating
the great work they have done to-date," said Rao. "Leveraging my
operating experience from Google and Twitter, I see tremendous
opportunity to work with founders and business leaders to scale their
businesses across and beyond Asia."

In his role leading TPG's growth and impact investing platforms in the
region, Rao will work closely with Puneet Bhatia and Ganen
Sarvananthan—who continue to serve as co-managing partners of TPG
Capital Asia—to provide leadership to TPG's growing activities in the

Shailesh will join the Boards of BookMyShow and Fourth Energy Partners
upon joining the firm.

About TPG

TPG is a leading global alternative asset firm founded in 1992 with more
than $84 billion of assets under management and offices in Austin,
Beijing, Boston, Dallas, Fort Worth, Hong Kong, Houston, London,
Luxembourg, Melbourne, Moscow, Mumbai, New York, San Francisco, Seoul,
and Singapore. TPG's investment platforms are across a wide range of
asset classes, including private equity, growth venture, real estate,
credit, and public equity. TPG aims to build dynamic products and
options for its investors while also instituting discipline and
operational excellence across its investment strategies and the
performance of its portfolio. For more information, visit

About TPG Growth

TPG Growth is the middle market and growth equity investment platform of
TPG, the global alternative asset firm. With approximately $13.2 billion
of assets under management, TPG Growth targets investments in a broad
range of industries and geographies. TPG Growth has the deep sector
knowledge, operational resources, and global experience to drive value
creation, and help companies reach their full potential. The firm is
backed by the resources of TPG, which has approximately $84 billion of
assets under management. For more information, visit

About The Rise Fund

The Rise Fund is the world's largest global fund committed to achieving
measurable, positive social and environmental outcomes alongside
competitive financial returns —what we call "complete returns." The Rise
Fund is managed by TPG Growth, the global growth equity and middle
market buyout platform of alternative asset firm TPG. The Rise Fund is
led by a group of influential thought leaders with a deep personal and
professional commitment to driving social and environmental
progress. The board includes: Bill McGlashan, TPG Growth Founder and
Managing partner; Bono, Jeff Skoll, Mo Ibrahim, Laurene Powell Jobs,
Anand Mahindra and Pierre Omidyar. The Rise Fund's objectives align with
the U.N.'s Sustainable Development Goals. The Rise Fund invests in
education, energy, food and agriculture, financial services, growth
infrastructure, healthcare, and technology, media, and
telecommunications companies that deliver complete returns. For more
information, visit

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