Founded in 2004, Peppertree Capital manages $7.7bn and has invested in over 10,000 critical communications infrastructure assets across its ten flagship funds. The Ohio-based firm serves as a key capital partner to tower developers and is active across complementary sectors such as fiber networks, spectrum licenses, small cells, and rooftop rights. Upon completion, Peppertree will integrate into TPG's platform but retain operational independence under the leadership of Co-Presidents Howard Mandel and Ryan Lepene. The firm will continue its current investment strategy with support from TPG's scale, global network, and digital communications expertise. 'With its deep industry expertise, talented team, and portfolio of high-quality assets, Peppertree represents TPG's further expansion into the digital infrastructure space,' said Jon Winkelried, CEO of TPG. 'The Peppertree team shares our commitment to entrepreneurship, innovation, and investing excellence.' Peppertree's Mandel and...
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