TPG appoints managing partner, China
TPG, a global alternative asset firm, has named Chang Sun as managing partner, China, effective immediately.
Sun was most recently the founder and managing partner of Black Soil Group Ltd, an impact investing firm which he founded in 2015. In his new role, Chang Sun will oversee TPG’s investment activities in China across TPG Capital Asia, TPG Growth, and The Rise Fund.
“Chang’s appointment is an important addition to TPG’s strong and growing regional leadership team, and further underscores the strategic importance of Greater China to the firm as we continue to grow and evolve,” says Jon Winkelried, co-CEO of TPG.
Prior to founding Black Soil, Sun was the chairman, Asia-Pacific, at Warburg Pincus, where he was responsible for starting the firm’s China business and building it into a leading private equity franchise.
Sun founded two industry trade organizations – the China Venture Capital and Private Equity Association (CVCA) and the China Real Estate Developers and Investors’ Association (CREDIA) – where he currently serves as honorary chairman and executive vice chairman, respectively.
Sun is a member of the Asia Executive Board of the Wharton School, a member of the Board of Governors at the Lauder Institute of the Wharton School, and a member of the Asia-Pacific Council of the Nature Conservancy.
11 Sep 2017