|TPG Growth appoints Anjali Bansal as Managing Director and Partner|
July 29, 2015, Mumbai – TPG Growth, the middle market and growth equity investment platform of TPG, one of the world’s leading private investment firms, today announces the appointment of Anjali Bansal as a Managing Director and Partner with an emphasis on Asia, including India, and Africa. Based in Mumbai, Anjali will focus on developing the human capital architecture and capabilities of the platform in Asia and Africa and enhancing the market presence and investment capabilities in India.
Previously, Anjali served as founding Managing Director of the India business of Spencer Stuart, the global executive search and leadership consulting firm, during which time she also co-led the firm’s Asia Pacific Board and CEO practice. Earlier, Anjali was a strategy consultant with McKinsey & Company, the global management consulting firm, in New York and Mumbai.
Anjali serves on the boards of GlaxoSmithKline (GSK) Pharmaceuticals India, Bata India Limited, and Voltas—A Tata Enterprise. She is on the Advisory Board of the Columbia University Global Centers, South Asia and a trustee on the boards of the United Way of Mumbai and Enactus. An active participant in the business ecosystem Anjali has served on the Managing Committee of the Bombay Chamber of Commerce and Industry. She founded and chaired FICCI's Women on Corporate Boards program.
Commenting on the appointment, Bill McGlashan, Founder and Managing Partner of TPG Growth, said, “We’re delighted to have someone of Anjali’s caliber join us. Our ability to identify strong entrepreneurs and build first-rate management teams who can create value in our portfolio companies is an important differentiator for TPG Growth. The breadth of Anjali’s experience combined with her expertise and insights into what it takes to build and cultivate strong teams will therefore be of significant value to us. Her strong institutional network will help enhance our market presence across Asia and Africa.”
Bansal said, “I am excited about TPG's platform that combines global reach with local insight to help growth stage companies in emerging markets reach their full potential. I look forward to working with my colleagues in India and the global leadership to invest in and help build world class businesses.”
TPG Growth seeks to invest in rapidly-growing companies that it then assists in achieving their true potential for market leadership. TPG Growth in India offers its unique global toolkit, which includes superior access to managerial talent and markets/customers as well as expertise in supply chain, operations, technology and financial markets to its portfolio companies. TPG Growth's investments in India include Sutures, AGS, Landmark Auto, Lenskart and Flexituff.
About TPG Growth
TPG Growth is the middle market and growth equity investment platform of TPG, the global private investment firm. With more than $7 billion in assets under management and committed capital, TPG Growth targets investments in a broad range of industries and geographies, with a significant focus on the U.S. and large, emerging markets such as China, India, Brazil and Southeast Asia. TPG Growth has the deep sector knowledge, operational resources and global experience to drive value creation and help companies reach their full potential. Backed by the resources of TPG, which has over $74 billion of assets under management, TPG Growth leverages the firm's sector teams, portfolio companies and network. TPG Growth's current and past investments represent a mix of disruptive and innovative companies across tech, retail and entertainment including Uber, Airbnb, Box, Domo, Beautycounter, Ride, Angie's Artisan Treats, Fender, SurveyMonkey, Evolution Media and STX Entertainment, among others. TPG Growth has offices in the United States, China, India and Singapore. For more information visit: www.tpggrowth.com