Dysfunctional organization to avoid. - Director TPG Employee Review

1.0
25 Mar 2016
Recommend
CEO approval
Business outlook

Pros

Catered Lunch and Parking is nice. Pay is generous for Texas, but the bonus structure is erratic and political. Good opportunities for admin and personnel not directly tied to the PE function but in ancillary jobs. Good job for green grads first two years.

Cons

3billion + PE firm Still using Excel 2010. No IT leadership. Resistant to outside ideas or persons from Wall Street. Very silo'd, political place to work where it is forbidden to speak to anyone outside your work area without sanction from direct supervisor. Decision authority at TPG is concentrated in the hands of a few persons with zero "street" experience, who in turn reward loyalty over ability. Empty IPO promises since 2008. Run by limousine liberals and trial lawyers whose political agenda take precedence over employee advancement. While you can get paid, you are at the mercy of lawyers whose instinct in disputes is to sue first, manage later. Not for FW outsiders or industry experienced pros. TPG has become insular and employees from similar PE firm are seen as threats. Avoid TPG if you are an established PE pro.

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5.0
24 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Great salary. Great perks such as daily lunch stipend, reimbursed for commuting costs. Opportunities for lots of OT if wanted but without pressure.

Cons

While everyone was kind and professional, EA’s weren’t always made to feel like part of the team like I’ve seen at other firms. Yes, they’re valued and treated well, but weren’t included in team events other than during Christmas. Isn’t a Big deal, but if I had to name a con, that would be it. Really smart people, autonomous environment, and everyone works collaboratively. It was lovely working there.

3.0
20 May 2026
Recommend
CEO approval
Business outlook

Pros

Good benefits (although I understand that these are now being whittled away). Interesting work.

Cons

They sell you on culture but anyone who has been there a while will tell you that since they brought in half of Goldman Sachs to run the place the culture has tanked, unsurprisingly. You can’t trust the GS crowd and sadly they’re running the show. Founding Partner is interested in doing deals and has withdrawn from managing the firm, which is sad as he did care about the staff. Now management just care about their LTIPs and bonuses.

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