TPG Interview Toolkit
This document outlines TPG's private equity philosophy, investment strategies, interview insights, and candidate experiences, offering valuable guidance for navigating TPG's rigorous PE interview process.
Firm Facts TPG’s PE philosophy Drive long-term value by partnering with management teams, leveraging sector-focused insight, and applying operational expertise to enable transformation across industries. Values Integrity Excellence Diversity and inclusion Collaboration Innovation Long-term focus Leadership Jon Winkelried CEO Jim Coulter Founding Partner and Exec Chairman Interview Insights The five key categories of PE questions �� Fit - explain “Why PE?” and your long-term goals �� Market - discuss industries that interest you and overlooked sectors �� Technical - including valuation, multiples, and company investment profiles (� Deals - highlight your role and key inputs in past deals C� Case Studies & Modeling Tests - solve LBO and DCF models under pressure 3 questions TPG candidates were asked �� What are the key inputs that drive the return in an LBO? �� Can you describe how you think about risk? �� How do you handle competing priorities? Speak the firm’s language Tie your thinking to long-term global themes like sustainability Frame discussions around how you’d partner with management to drive change Evaluate sector potential to align with TPG’s specialized approach In the Media Interview toolkit www.tpg.com Talk TPG to launch its first continually offered PE product TPG ups fundraising goal for 2025 Transactions TPG backs new PE firm Ardabelle TPG-led consortium invests in Vinted at $5 billion valuation Watch Jon Winkelried on the evolution of PE Jim Coulter talks David Bonderman's legacy “Describe managing multiple competing deal deadlines, handling last-minute changes in transaction terms, or navigating challenging client situations.” Read the article Meridith Dennes Managing Partner at Prospect Rock Partners Pay breakdown for a TPG associate Base pay Bonus pay 50% 50% $300K median total pay $150K $150K Source: Prospect Rock Partners Investment strategies LBOs - established companies with high-growth potential Growth Equity – growth-stage companies in tech, healthcare, and digital media Sector-Focused – teams organized by industry to leverage specialized expertise Real Assets – real estate and infrastructure for long-term value Credit – distressed debt, direct lending, and opportunistic credit Thematic Investing – with measurable social and environmental impact