TPG Twin Brook Capital Partners
Middle-Market Direct Lending Firm
Chicago, Illinois

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Category: Mid/Large Cap Credit
Mark: AA

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Profile

TPG Twin Brook is the middle-market direct lending business of TPG, a leading global alternative asset management firm with $261 billion in assets under management. The team focuses on providing tailored, cash flow-based financing to North American private equity-backed companies, typically with $3–50M EBITDA (focused under $25M), supporting buyouts, recapitalizations, add-ons, and growth capital through its Chicago-based team of ~125 professionals averaging more than 20 years of experience.


Awards

2025 Top Private Debt Firms

2024 Top Private Debt Firms

Features

Championing Middle-Market Growth: TPG Twin Brook’s Founder Trevor Clark

GrowthCap’s RJ Lumba spoke with Trevor Clark on February 4, 2026. Trevor is the Founder and Managing Partner of Twin Brook Capital Partners, TPG’s middle-market direct lending business. He founded the firm in 2014 and previously was Co-Founder and CEO of Madison Capital Funding.

The Top Software Investor of 2020: TPG’s Nehal Raj

GrowthCap’s RJ Lumba spoke with Nehal Raj on December 1, 2020. Nehal is a Partner at TPG, where he co-leads investment activities in software and enterprise technology across the firm’s private equity platforms.