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Exclusive: Capital market veteran set to quit TPG India

A top capital market investor who had joined global private equity firm TPG Capital around three years ago in India is set to quit, a person aware of the development told VCCircle. TPG Capital has two separate teams in India—one chases buyouts and big-ticket investment deals while the other is housed under TPG Growth, a growth-equity investment unit that does mid-market buyouts and other smaller transactions. The PE firm has been more active through its TPG Growth unit. It struck a half-dozen deals last year in India, adding four new portfolio firms and reinvesting in two existing ones. The person...

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