Press release
TPG Establishes New Talent Management and Representation Company to Invest in and Build a Scaled Talent-Centric Business
Announces First Investment in Leading Hollywood Management Company Untitled Entertainment SAN FRANCISCO--(BUSINESS WIRE)-- TPG (NASDAQ: TPG), a leading
About this update from Tpg Inc.
[{"type":"text","content":"\nAnnounces First Investment in Leading Hollywood Management Company Untitled Entertainment\n\n\n SAN FRANCISCO--(BUSINESS WIRE)--\nTPG (NASDAQ: TPG), a leading global alternative asset management firm, today announced the formation of a new company (the “Company”) that will acquire, invest behind, and build a diversified global business centered on talent management, representation, and adjacent verticals. Michel Pratte, former President of Boat Rocker Media (\"Boat Rocker”), has been named CEO of the newly established Company and Eric Taitz, former EVP of Corporate Development and Strategy at Boat Rocker will serve as the Company’s Chief Operating Officer. In tandem with this announcement, the Company is making its first investment into Untitled Entertainment (“Untitled”), a leading Hollywood talent management business with a 25-year track record representing many of the entertainment industry’s most successful and celebrated talent.\n\n\nUntitled’s Founding Partners, Jason Weinberg and Stephanie Simon will each roll a significant financial interest into the new entity alongside Untitled’s current majority owner, Boat Rocker. Weinberg and Simon will continue as Co-CEOs and Partners leading Untitled.\n\n\n“We see an opportunity to leverage TPG’s longstanding experience partnering with leading players in the space to create a talent representation company with the resources and capabilities to benefit managers and the talent they serve,” said Jacqui Hawwa, a Business Unit Partner at TPG Growth. “Untitled has a strong reputation within the entertainment industry and an impressive roster of clients. Their team is an ideal first partner and we see a significant opportunity to scale the Company and ultimately collaborate across multiple complementary talent verticals with subsequent investments. Together with Michel, Jason, and Stephanie we have the right team in place to build an industry-leading company.”\n\n\n“As the broader entertainment industry continues to evolve, a more complex landscape means more opportunities than ever for ambitious talent and their representatives,” said Pratte. “The future of representation increasingly requires relentless proactivity combined with access to world class tools that drive innovation and growth. This new Company will empower Untitled and a future group of complementary talent-centric busin...