Bill McGlashan

Bill McGlashan
Born William E. McGlashan, Jr.
(1963-11-20) November 20, 1963
Citizenship U.S.
Education Yale University 1986 (B.A., History), Stanford University Graduate School of Business 1990 (M.B.A.)
Occupation Founder and Managing Partner, TPG Growth
Spouse(s) Marie Rasic McGlashan
Children Grace McGlashan, Robert Peter McGlashan, William George McGlashan
Parent(s) Christney McGlashan, William McGlashan Sr.

William E. “Bill” McGlashan, Jr., (born November 20, 1963) is an American businessman and international private equity investor.

McGlashan is founder and managing partner of TPG Growth, the growth equity and smaller buyout investment arm of TPG Capital, a global private equity investment firm.[1] TPG Growth has more than $4 billion under management[2] and invests in companies in North America, Asia, India, Europe, Brazil and Australia.[3] U.S. investments include Airbnb, Uber, SurveyMonkey, and STX Entertainment.[3][4]

McGlashan is a co-founder and a board member of STX Entertainment, an American film and television studio launched in 2014 with Robert Simonds,[5] and a cofounder and director of Evolution Media.[6]

Career before TPG

Before joining TPG Capital in 2004, McGlashan was Chairman and CEO of Critical Path.[7] He joined the email service company in April 2001, two months into an accounting scandal that caused Critical Path’s stock to drop 75 percent, prompted two dozen shareholder lawsuits, and resulted in criminal charges against four executives.[8] McGlashan is credited with keeping Critical Path out of bankruptcy, eliminating 87 percent of its debt, and settling the lawsuits within three months for $17.5 million, compared to the potential claim total of $240 million.[8]

Previously, McGlashan co-founded and was CEO of Vectis Group, a venture capital firm that invested in emerging markets.[7] Prior to Vectis Group, McGlashan co-founded and served as CEO of Generation Ventures, which focused on developing new healthcare and technology companies in China.[9][10] In 1994, he co-founded and served as President of Pharmanex, Inc. In 1998, Pharmanex was sold to Nu Skin, an herbal supplement company with sales in excess of $1 billion.[8][11][12] Earlier in his career, McGlashan was a senior associate with Bain Capital and Information Partners.[1]

Boards and non-profits

McGlashan is active on a number of boards, including Fender Musical Instruments Corporation. (as chairman), XOJET (as chairman), Creative Artists Agency, HotSchedules, Elevance Renewable Sciences, Gavin de Becker and Associates and Ride.[7][9] He has also been a board member at Survey Monkey, SuccessFactors, Schiff Nutrition International, AgraQuest, and WIL Research Laboratories.[7]

Among non-profits, McGlashan has board of director roles at Endeavor Global, Common Sense Media, and the Yale School of Management and is active with the Young Presidents’ Organization and the World Economic Forum.[7][13] He is also the founder of Rise, a social impact fund started by TPG Growth in partnership with Elevar Equity.[14]

Education and global experience

McGlashan earned a B.A. with honors from Yale University and an M.B.A. from the Stanford Graduate School of Business.[13]

As a Stanford University business student in the late 1980s, McGlashan co-founded the World Service Project.[15] The project’s goal was to offer administrative and practical support to projects with a new model of multinational teams in such areas as environmental preservation and hunger prevention.[15] “The organization received support from U.S. Senators and Representatives, The Rockefeller Foundation, the U.S. Peace Corps and Nobel laureate Oscar Arias Sanchez.[15]

In 2013, McGlashan relocated temporarily with his family to Mumbai, India, to manage investments in India and Asia.[16] He was said to be “the first global head of a premier bulge bracket (Private Equity) house physically making such a ‘transformative’ relocation” (The Economic Times).[16]

References

  1. 1 2 "William McGlashan". Endeavor Global. Endeavor Global. Retrieved 24 April 2015.
  2. ↑ "TPG Growth: About Us". TPG Growth. TPG Growth. Retrieved 24 April 2015.
  3. 1 2 "TPG Growth: Portfolio". TPG Growth. TPG Growth. Retrieved 24 April 2015.
  4. ↑ Frater, Patrick (15 May 2014). "Participant Joins $350 million Evolution Media Fund" (Variety). Variety. Retrieved 24 April 2015.
  5. ↑ Bradley, Richard. "Q&A with William McGlashan and Robert Simonds". Worth. Worth. Retrieved 24 April 2015.
  6. ↑ "William E. McGlashan Jr.". Bloomberg Business. Bloomberg. Retrieved 24 April 2015.
  7. 1 2 3 4 5 "Team: William E. McGlashan, Jr.". TPG Growth. TPG Growth. Retrieved 25 April 2015.
  8. 1 2 3 Victoria, Murphy. "Critical Juncture". Forbes. Forbes. Retrieved 25 April 2015.
  9. 1 2 "XOKet Board of Directors". XOJet. XOJet. Retrieved 25 April 2015.
  10. ↑ Zich, Janet (December 1997). "A Closer Look: Lewis, McGlashan". Stanford Business (December 1997): 7. Retrieved 25 April 2015.
  11. ↑ Johnson, Ian (3 December 1997). "A Fight Over Rice Yeast Pits Chinese, Western Medicines". The Wall Street Journal. The Wall Street Journal. Retrieved 25 April 2015.
  12. ↑ Emmert, J.M. "The Road to $1 Billion". DirectSellingNews. DirectSellingNews. Retrieved 25 April 2015.
  13. 1 2 "William E. McGlashan Jr.". World Economic Forum. World Economic Forum. Retrieved 25 April 2015.
  14. ↑ Michael J. de la Merced (12 September 2016). "TPG Growth Plans to Start a Social Impact Fund". The New York Times.
  15. 1 2 3 Fine, Doug (November 29, 1989). "Business School students found worldwide service organization". The Stanford Daily (November 29, 1989): 2. Retrieved 25 April 2015.
  16. 1 2 Barman, Arijit. "Best time for a PE to be in India: McGlashan, TPG head". Economic Times. Economic Times. Retrieved 25 April 2015.

External links

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