
Asset management firm TPG launched TPG Rise Climate in 2021 to make investments across asset classes in climate solutions. (Source: Shutterstock)
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
Phillips 66’s NGL Focus, Midstream Acquisitions Pay Off in 2024
2025-02-04 - Phillips 66 reported record volumes for 2024 as it advances a wellhead-to-market strategy within its midstream business.
Utica Liftoff: Infinity Natural Resources’ Shares Jump 10% in IPO
2025-01-31 - Infinity Natural Resources CEO Zack Arnold told Hart Energy the newly IPO’ed company will stick with Ohio oil, Marcellus Shale gas.
Utica Oil’s Infinity IPO Values its Play at $48,000 per Boe/d
2025-01-30 - Private-equity-backed Infinity Natural Resources’ IPO pricing on Jan. 30 gives a first look into market valuation for Ohio’s new tight-oil Utica play. Public trading is to begin the morning of Jan. 31.
BP Pledges Strategy Reset as Annual Profit Falls by a Third
2025-02-11 - BP CEO Murray Auchincloss pledged on Feb. 11 to fundamentally reset the company's strategy as it reported a 35% fall in annual profits, missing analysts' expectations.
The New Minerals Frontier Expands Beyond Oil, Gas
2025-04-09 - How to navigate the minerals sector in the era of competition, alternative investments and the AI-powered boom.
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.