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TPG-spinout Greenfield Partners raises $400 million fund to back early growth companies

How Greenfield helps startups manage an "environment of controlled chaos."
TPG Growth, a middle-market and growth equity platform of TPG, has spun out its cybersecurity team to form Greenfield Partners, a new venture capital firm focused exclusively on cybersecurity. Greenfield Partners, led by managing partners Matt Hankey and Bryan Taylor, has raised $400 million for its inaugural fund, which will invest in early-stage cybersecurity companies. The spinout allows TPG Growth to continue its focus on growth equity investments across various sectors while enabling Greenfield Partners to specialize in the cybersecurity space, capitalizing on the increasing demand for cybersecurity solutions amid rising cyber threats.

Read the Full Fortune Article at:
[ https://fortune.com/2025/02/18/tpg-growth-spinout-greenfield-partners-400-million-cybersecurity-venture-capital/ ]