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TPG hires ex-KKR dealmaker for southeast Asia team

TPG raised more than $4.6bn for its seventh flagship Asian private equity fund earlier this year

US private equity firm TPG Capital has hired David Tan from rival firm KKR to help expand its investment team in Asia.

Tan will join TPG’s Singapore office, where he will be responsible for sourcing deals in Southeast Asia, the firm said in a statement on Sunday. In his new role, Tan will work closely with Ganen Sarvananthan and Dominic Picone, two senior TPG executives who are also based in Asia.

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