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.
Recommended Reading
BP’s Kate Thomson Promoted to CFO, Joins Board
2024-02-05 - Before becoming BP’s interim CFO in September 2023, Kate Thomson served as senior vice president of finance for production and operations.
Magnolia Oil & Gas Hikes Quarterly Cash Dividend by 13%
2024-02-05 - Magnolia’s dividend will rise 13% to $0.13 per share, the company said.
TPG Adds Lebovitz as Head of Infrastructure for Climate Investing Platform
2024-02-07 - TPG Rise Climate was launched in 2021 to make investments across asset classes in climate solutions globally.
Air Products Sees $15B Hydrogen, Energy Transition Project Backlog
2024-02-07 - Pennsylvania-headquartered Air Products has eight hydrogen projects underway and is targeting an IRR of more than 10%.
HighPeak Energy Authorizes First Share Buyback Since Founding
2024-02-06 - Along with a $75 million share repurchase program, Midland Basin operator HighPeak Energy’s board also increased its quarterly dividend.