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
E&P Highlights: Nov. 18, 2024
2024-11-18 - Here’s a roundup of the latest E&P headlines, including new discoveries in the North Sea and governmental appointments.
Norway's Massive Johan Sverdrup Oilfield Shut by Power Outage
2024-11-18 - Norway's Equinor has halted output from its Johan Sverdrup oilfield, western Europe's largest, due to an onshore power outage, the company said on Nov. 18.
ChampionX Completes Improvements to Odessa Chemical Hub
2024-11-18 - The Odessa chemical manufacturing facility in the Permian Basin will increase ChampionX’s capacity by almost 10%, or 10 million kilograms annually.
Encino’s Tim Parker: Plenty of Utica Oil—and Takeaway Too
2024-11-15 - Encino Energy's Tim Parker tells Hart Energy's Nissa Darbonne about the economics of drilling in the company's Utica oil development at the DUG Appalachia Conference and Expo.
TotalEnergies Awards SBM Offshore FPSO GranMorgu Development Contract
2024-11-15 - SBM will construct and install a floating production, storage and offloading vessel for TotalEnergies alongside its partner Technip Energies, the company said.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.