Understanding of the position: Contribute financially to the business in exchange for a percentage of the partnership's profits, not involved in the day-to-day operations or management of the business

TPG Capital (formerly Texas Pacific Group) is a private investment firm headquartered in Fort Worth and San Francisco, with 17 offices worldwide. Texas Pacific manages a range of funds, including private equity, venture capital, public equity and bond investment funds.TPG is a private equity firm founded in 1992 and currently managing more than $30 billion in assets*. TPG Growth manages more than $2 billion in capital with a focus on investing in and growing technology, life sciences, biotechnology, renewable energy and retail companies.TPG Growth invests between $20 million and $150 million globally through a variety of approaches including venture capital, growth equity, leveraged buyouts and private investment in public equities.