TPG ropes in Blackstone executive Malcolm Jackson as MD for Australia unit

Blackstone
Pedestrians are reflected on glass in front of Blackstone Group LP headquarters in New York, U.S., on Friday, April 14, 2017. Photographer: Victor J. Blue/Bloomberg

Global alternative asset investor TPG has appointed Blackstone executive Malcolm Jackson as a Managing Director in TPG’s Australian unit in Melbourne.

Jackson will report to head of Australia and New Zealand Joel Thickins in his new role at TPG, according to a statement from TPG on Thursday.

He is currently a Managing Director at private equity firm Blackstone’s Tactical Opportunities Fund in Singapore.

“Australia has been an important market for the firm and a key part of our strategy in Asia. The addition of Malcolm reflects the momentum of our business and further enables our ability to grow the TPG brand across the region,” said Tim Dattels, Managing Partner of TPG Capital Asia.

Jackson has a strong track record of investing in complicated cross border transactions and has a unique skillset and has a deep understanding of investing in financial institutions, which is a core sector of focus for TPG, said Thickins.

Before joining Blackstone, Jackson was a Managing Director in the RBS Special Opportunities Fund based in London, where he was involved in the establishment of Shawbrook Bank and Arrow Global Group plc. He has also worked at Mizuho International and PwC in the past.

The hire has come few months after TPG appointed former JP Morgan executive Jason Mcleod who also reports to Joel Thickins. With over 25 years in investment banking with JPM, Citi and Goldman Sachs, he was hired as a senior deal-maker with a focus on new deal origination.

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