Under-fire private equity giant paid Australian staff more than $2m on average
Private equity firm TPG Capital (Australia) paid its 30 staff an average of $2.1 million each in 2025, despite the firm's head, Joel Thickins, facing recent legal issues regarding drink-driving. The firm's local revenue doubled during the same period.
Why it matters
The report underscores the high compensation levels in private equity and the contrast between corporate financial success and the personal conduct of leadership.
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The article presents financial data alongside legal facts, maintaining a focus on corporate accountability.
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