Pamela Pavkov joined global alternative asset management firm TPG as a partner and head of its diversity, equity and inclusion program for the alternative investments industry, according to a news release.
The position is new, a TPG spokeswoman said.
Ms. Pavkov will be responsible for heading up TPG NEXT, a diversity, equity and inclusion program intended to diversify the alternative asset management field.
TPG NEXT will use the firm's capital, operating expertise and the reach of its network to attract talent from underrepresented communities. The firm said it wants to align the industry closer to demographic trends and increase the successes of diverse managers.
TPG has invested in diverse management teams since 2019 such as Harlem Capital, a venture capital firm that plans to invest in 1,000 diverse founders over the next 20 years, the news release said.
"TPG Next is bringing purposeful, flexible capital to bridge the opportunity gap in our industry, and develop and scale the next generation of diverse managers and diverse-led ecosystems," said Anilu Vazquez-Ubarri, partner and chief human resources officer at TPG and senior sponsor of TPG Next, in the release. "Pamela's leadership and experience make her the right executive to grow our mandate."
Ms. Pavkov was a partner and associate at Jasper Ridge Partners, formerly Oak Hill Investment Management, according to the news release.
Before Oak Hill, she spent three years as an associate at Cambridge Associates. The bulk of her experience comes from private equity investing and philanthropic advisory services, the news release said.
"NEXT uniquely combines TPG's history of innovation with its long-standing commitment to DE&I. I am excited to join the team and continue to empower diverse capital allocators," Ms. Pavkov said in the release.
Ms. Pavkov was not immediately available for direct comment.
TPG had $126.7 billion in assets under management as of June 30.
