TPG sets up deal-finding office in Charlotte

Global private equity firm TPG has set up an office in Charlotte to find potential deal targets.

TPG Sourcing Advisors LLC will find investment opportunities for TPG Growth, a $2 billion fund that invests in retail, technology, energy and other industries.

The firm is headed by Brian Davis, who most recently was a managing director at Sentinel Capital Partners but previously worked with McColl Partners in Charlotte.

TPG Sourcing has an office in One Morrocroft in SouthPark and currently has three employees. Davis said the firm is currently looking to expand.