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Tpg's Bill Mcglashan Stripped Of Fund Interests Post-college Scandal

by businessinsider.com posted 3months ago 24 views
The former TPG executive Bill McGlashan was charged as part of the wide-ranging college-admissions scandal last month. Following his indictment, the private equity firm said fired him. He said he quit. Now, TPG has stripped McGlashan of his fund stakes, which are likely worth millions. An internal memo seen by Business Insider described a firm-wide investigation that revealed two other employees who had been in contact with the college admissions consultant at the center of the scandal, both for legitimate college counseling. Visit Business Insider's homepage for more stories.

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