Paolillo, who previously served as managing director of Blackstone-owned GSO Capital Partners LP, will be based in New York according to Bloomberg, which cited people with knowledge of the situation.
He helped manage the buyout firm’s corporate debt group while at Blackstone.
Earlier this month TPG won the bidding war for to acquire Australian poultry group Inghams in a deal that valued the business at a reported $900m.
It was also reported that the stake held by TPG and NorthStar Pacific Partners in Indonesia’s PT Bank Tabungan Pensiunan Nasional was drawing considerable interest from Asian banks.
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