Jon Winkelried was named co-CEO of alternative money manager TPG, spokesman Luke Barrett said.
Mr. Winkelried will start in early November and will work alongside co-founder and sole CEO Jim Coulter. Mr. Coulter until last year had been co-CEO alongside co-founder and co-CEO David Bonderman, who moved to the position of chairman.
Mr. Winkelried was previously president and co-chief operating officer at Goldman Sachs, and left that firm in 2009.
TPG has about $75 billion in assets under management.