Asset management firm TPG appointed Scott Lebovitz as a partner and head of infrastructure for TPG Rise Climate, the firm’s climate investing platform, according to a Feb. 5 press release.
Lebovitz, who will join TPG in the second half of 2024 and is based in New York, will focus on targeting investments in infrastructure and assets that are “critical to global decarbonization and energy transition marketplaces,” TPG said in the release.
Previously, Lebovitz served more than 25 years at investment firm Goldman Sachs with his most recent roles being partner and co-CIO of infrastructure investing. He held leadership roles across merchant banking, private equity and infrastructure.
“TPG Rise Climate Transition Infrastructure will be a natural evolution of our climate investing platform, offering our clients a risk-return profile positioned between core infrastructure and private equity,” said Jim Coulter, TPG founding partner and managing partner of TPG Rise Climate. “Scott’s extensive experience in this market makes him ideally suited to drive the ongoing build-out of our climate infrastructure strategy.”
TPG Rise Climate was launched in 2021 to make investments across asset classes in climate solutions globally.
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