TPG hires head of climate infrastructure

TPG has announced the appointment of Scott Lebovitz as head of infrastructure for TPG Rise Climate, the firm’s climate investing platform.

Lebovitz will be responsible for the firm’s new strategy targeting investments in infrastructure and real assets. Previously, Lebovitz was global co-head of infrastructure investing at Goldman Sachs in the firm’s asset management division.

Jim Coulter, TPG founding partner and managing partner of TPG Rise Climate, says, “We see substantial capital deployment opportunities to build real assets in the future, both within our current TPG Rise Climate portfolio and across the broader climate sector. 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. Scott’s extensive experience in this market makes him ideally suited to drive the ongoing build-out of our climate infrastructure strategy.”