TPG Returns to Talent Management with New Venture, Leveraging Expertise to Scale and Empower Industry Leaders

TPG, a private equity giant founded by David Bonderman, is set to re-enter the talent industry with a new venture that will focus on acquiring, investing in, and expanding a global business centered on talent management, representation, and related verticals.

Last year, TPG sold its stake in CAA to French billionaire François-Henri Pinault. Now, the company is launching a new venture with Michel Pratte as the CEO. Pratte was previously the President of Boat Rocker Media and will bring his extensive experience in talent management and representation to the new company. Eric Taitz, also a former executive at Boat Rocker, will be the COO.

The first investment of the new company will be in Untitled Entertainment, a talent management firm led by Jason Weinberg and Stephanie Simon. The pair will remain as co-CEOs of Untitled and will roll a significant portion of their equity into the new venture. Boat Rocker is the majority owner of Untitled and has been instrumental in its growth.

TPG has $224 billion under management and aims to leverage its experience in talent representation to create a new venture that benefits both managers and the talent they serve. With its focus on proactive strategies and innovative tools for growth, the company sees Untitled Entertainment as an ideal first partner for this new venture. The aim is to scale the company and collaborate across various complementary talent verticals with subsequent investments.

The evolving entertainment industry presents new opportunities for ambitious talent and their representatives. As Michel Pratte puts it: “The future of representation requires proactive strategies and access to innovative tools for growth.” The new company aims to empower Untitled Entertainment and other talent-centric businesses to support a diverse group of clients on their path to achieving their highest career goals.